Equities researchers at StockNews.com assumed coverage on shares of LightInTheBox (NYSE:LITB – Get Free Report) in a research note issued on Sunday. The brokerage set a “buy” rating on the technology company’s stock.
LightInTheBox Trading Up 0.4 %
Shares of NYSE LITB opened at $2.25 on Friday. The firm has a fifty day simple moving average of $2.84 and a two-hundred day simple moving average of $3.78. The firm has a market capitalization of $250.13 million, a PE ratio of -28.13 and a beta of 0.94. LightInTheBox has a 12 month low of $2.21 and a 12 month high of $8.04.
LightInTheBox (NYSE:LITB – Get Free Report) last released its quarterly earnings results on Friday, August 2nd. The technology company reported $0.06 earnings per share (EPS) for the quarter. The company had revenue of $69.36 million during the quarter.
LightInTheBox Company Profile
LightInTheBox Holding Co, Ltd., together with its subsidiaries, operates as an online retailer that delivers products directly to its consumers worldwide. The company provides apparel products; and other general merchandise products, such as small accessories and gadgets, home garden, toys and hobbies, electronics and communication devices, and other products.
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