LightInTheBox (LITB) Stock Forecast, Price & News

LightInTheBox's stock was trading at $1.23 at the beginning of 2023. Since then, LITB shares have increased by 6.7% and is now trading at $1.3130.
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LightInTheBox saw a drop in short interest in the month of August. As of August 31st, there was short interest totaling 30,900 shares, a drop of 62.5% from the August 15th total of 82,400 shares. Based on an average daily trading volume, of 64,400 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.0% of the shares of the stock are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Friday, November 24th 2023.
View our LITB earnings forecast.

LightInTheBox Holding Co., Ltd. (NYSE:LITB) released its quarterly earnings results on Friday, December, 14th. The technology company reported ($0.27) EPS for the quarter. The technology company had revenue of $44.50 million for the quarter. LightInTheBox had a negative net margin of 8.77% and a negative trailing twelve-month return on equity of 72.87%.

LightInTheBox updated its third quarter 2023 earnings guidance on Friday, September, 15th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $145.00 million-$160.00 million.

6 employees have rated LightInTheBox Chief Executive Officer Quji (Alan) Guo on Glassdoor.com. Quji (Alan) Guo has an approval rating of 51% among the company's employees. This puts Quji (Alan) Guo in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other LightInTheBox investors own include Advanced Micro Devices (AMD), Himax Technologies (HIMX ), Kandi Technologies Group (KNDI), Baidu (BIDU), Sorrento Therapeutics (SRNE), Allena Pharmaceuticals (ALNA), Amarin (AMRN), Activision Blizzard (ATVI), Alibaba Group (BABA) and Boxlight (BOXL).

LightInTheBox trades on the New York Stock Exchange (NYSE) under the ticker symbol "LITB."

LightInTheBox's stock is owned by many different institutional and retail investors. Top institutional shareholders include Renaissance Technologies LLC (0.92%).

Shares of LITB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of LITB stock can currently be purchased for approximately $1.31.

LightInTheBox (NYSE:LITB) has a market capitalization of $148.82 million and generates $503.57 million in revenue each year. The technology company earns $-56,580,000.00 in net income (profit) each year or ($0.46) on an earnings per share basis.

The company employs 816 workers across the globe.

LightInTheBox's mailing address is Floor 5 Building 2 Yaxin Science& Tech Park No.399 ShengxiaRoad Pudong New Area, Shanghai F4, 201203. The official website for the company is www.lightinthebox.com. The technology company can be reached via phone at (656) 305-9667, via email at ir@lightinthebox.com, or via fax at 86-10-5908-0270.