StockNews.com started coverage on shares of LightInTheBox (NYSE:LITB – Free Report) in a research note issued to investors on Friday morning. The brokerage issued a buy rating on the technology company’s stock.
LightInTheBox Price Performance
LITB opened at $0.70 on Friday. The company’s 50 day simple moving average is $0.81 and its 200 day simple moving average is $1.04. LightInTheBox has a 1 year low of $0.64 and a 1 year high of $1.70.
LightInTheBox (NYSE:LITB – Get Free Report) last released its earnings results on Monday, March 25th. The technology company reported ($0.04) earnings per share (EPS) for the quarter. The company had revenue of $135.56 million for 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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