Equities researchers at StockNews.com initiated coverage on shares of LightInTheBox (NYSE:LITB – Get Free Report) in a research note issued on Friday. The brokerage set a “buy” rating on the technology company’s stock.
LightInTheBox Stock Up 5.3 %
Shares of LightInTheBox stock opened at $0.76 on Friday. The firm has a market cap of $84.49 million, a PE ratio of -9.50 and a beta of 0.89. LightInTheBox has a 12-month low of $0.64 and a 12-month high of $1.70. The company’s fifty day simple moving average is $0.81 and its two-hundred day simple moving average is $1.04.
LightInTheBox (NYSE:LITB – Get Free Report) last posted its earnings results on Monday, March 25th. The technology company reported ($0.04) EPS for the quarter. The firm had revenue of $135.56 million for the quarter.
About LightInTheBox
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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