Investment analysts at StockNews.com assumed coverage on shares of LightInTheBox (NYSE:LITB – Get Free Report) in a research note issued on Tuesday. The brokerage set a “buy” rating on the technology company’s stock.
LightInTheBox Trading Down 8.9 %
Shares of NYSE LITB opened at $3.38 on Tuesday. The business has a fifty day simple moving average of $3.50 and a 200 day simple moving average of $4.21. The firm has a market capitalization of $375.75 million, a price-to-earnings ratio of -42.25 and a beta of 0.94. LightInTheBox has a one year low of $2.21 and a one year high of $8.16.
LightInTheBox (NYSE:LITB – Get Free Report) last issued its earnings results on Friday, August 2nd. The technology company reported $0.06 EPS for the quarter. The firm had revenue of $69.36 million during 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.
Recommended Stories
- Five stocks we like better than LightInTheBox
- 3 Grocery Stocks That Are Proving They Are Still Essential
- Palo Alto Analysts Drive it to New Highs: 50% Upside Is Possible
- What is a Low P/E Ratio and What Does it Tell Investors?
- Roblox’s Growth Beyond Kids: Stock Set for Major Moves
- 2 Fintech Stocks to Buy Now and 1 to Avoid
- 5 Oversold Stocks to Buy Right Now
Receive News & Ratings for LightInTheBox Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LightInTheBox and related companies with MarketBeat.com's FREE daily email newsletter.
