LightInTheBox Holding Co., Ltd. operates as a cross-border e-commerce platform that delivers products directly to its customers 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. It also offers supplier chain management, research and development, customer, marketing, administrative and general support, logistic, warehouse management, and local delivery services, as well as engages in the product sourcing, marketing, and operation of its websites and mobile applications. The company provides its products through www.lightinthebox.com, www.miniinthebox.com, www.ezbuy.com, and other websites and mobile applications, which are available in 25 languages and cover approximately 140 countries and regions. LightInTheBox Holding Co., Ltd. was founded in 2007 and is headquartered in Shanghai, the People's Republic of China.
Analyst Upgrades and Downgrades
Separately, StockNews.com assumed coverage on shares of LightInTheBox in a research note on Wednesday. They issued a "hold" rating on the stock.
LightInTheBox Stock Performance
Shares of NYSE:LITB opened at $0.98 on Wednesday. LightInTheBox has a fifty-two week low of $0.87 and a fifty-two week high of $1.83. The business has a 50-day simple moving average of $1.09 and a two-hundred day simple moving average of $1.12. The firm has a market cap of $110.80 million, a price-to-earnings ratio of 19.60 and a beta of 0.47.
LightInTheBox (NYSE:LITB - Get Rating) last issued its earnings results on Thursday, June 23rd. The technology company reported ($0.05) earnings per share for the quarter. LightInTheBox had a return on equity of 10.57% and a net margin of 1.47%. The business had revenue of $93.77 million during the quarter.