LightInTheBox Holding Co., Ltd. (NYSE:LITB - Get Free Report)'s stock price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $1.10 and traded as low as $0.71. LightInTheBox shares last traded at $0.76, with a volume of 213,899 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, StockNews.com assumed coverage on shares of LightInTheBox in a research report on Tuesday. They set a "buy" rating for the company.
View Our Latest Research Report on LightInTheBox
LightInTheBox Price Performance
The company has a market cap of $73.23 million, a PE ratio of -8.13 and a beta of 0.89. The stock's 50-day moving average is $0.90 and its 200 day moving average is $1.09.
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of LITB. Jane Street Group LLC acquired a new position in LightInTheBox during the 2nd quarter valued at approximately $33,000. Citadel Advisors LLC acquired a new stake in shares of LightInTheBox in the fourth quarter worth $28,000. Renaissance Technologies LLC increased its stake in shares of LightInTheBox by 1.2% in the second quarter. Renaissance Technologies LLC now owns 1,040,131 shares of the technology company's stock worth $1,227,000 after acquiring an additional 12,351 shares during the period. Finally, Rhumbline Advisers increased its stake in shares of LightInTheBox by 28.6% in the third quarter. Rhumbline Advisers now owns 38,570 shares of the technology company's stock worth $46,000 after acquiring an additional 8,580 shares during the period. Institutional investors and hedge funds own 56.77% of the company's stock.
About LightInTheBox
(
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 customized, special occasion, and fast fashion apparel products; and other general merchandise products, such as accessories and gadgets, home garden products, toys and hobbies, electronics and communication devices, and other products.
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