LightInTheBox (NYSE:LITB) Coverage Initiated by Analysts at StockNews.com

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

LightInTheBox Price Performance

NYSE LITB opened at $0.70 on Friday. The company has a 50 day simple moving average of $0.81 and a 200-day simple moving average of $1.04. LightInTheBox has a 52-week low of $0.64 and a 52-week high of $1.70.

LightInTheBox (NYSE:LITBGet Free Report) last posted its quarterly earnings results on Monday, March 25th. The technology company reported ($0.04) earnings per share (EPS) for the quarter. The firm had revenue of $135.56 million for the quarter.

About LightInTheBox

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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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