LightInTheBox (NYSE:LITB) Earns Buy Rating from Analysts at StockNews.com

StockNews.com assumed coverage on shares of LightInTheBox (NYSE:LITB) in a research report report published on Monday morning. The brokerage issued a buy rating on the technology company’s stock.

LightInTheBox Stock Up 6.1 %

Shares of LITB stock opened at $2.22 on Monday. The business has a fifty day simple moving average of $2.67 and a 200 day simple moving average of $3.66. The company has a market cap of $40.79 million, a P/E ratio of -6.16 and a beta of 0.98. LightInTheBox has a twelve month low of $1.94 and a twelve month high of $8.04.

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.