StockNews.com Initiates Coverage on LightInTheBox (NYSE:LITB)

StockNews.com began coverage on shares of LightInTheBox (NYSE:LITBFree Report) in a research report released on Monday. The brokerage issued a buy rating on the technology company’s stock.

LightInTheBox Trading Down 1.4 %

NYSE LITB opened at $2.15 on Monday. The stock has a market cap of $39.54 million, a P/E ratio of -5.97 and a beta of 0.98. LightInTheBox has a 12 month low of $2.02 and a 12 month high of $8.04. The stock’s fifty day moving average price is $2.79 and its 200-day moving average price is $3.71.

LightInTheBox (NYSE:LITBGet Free Report) last posted its 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 for the quarter.

LightInTheBox Company Profile

(Get Free Report)

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.

Featured Articles

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.