LightInTheBox - LITB Stock Forecast, Price & News

LightInTheBox's stock was trading at $1.23 at the beginning of the year. Since then, LITB stock has increased by 26.7% and is now trading at $1.5582.
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LightInTheBox saw a increase in short interest in the month of February. As of February 28th, there was short interest totaling 136,500 shares, an increase of 10.5% from the February 13th total of 123,500 shares. Based on an average trading volume of 46,100 shares, the days-to-cover ratio is currently 3.0 days. Currently, 0.1% of the company's shares are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, June 22nd 2023.
View our LITB earnings forecast.

LightInTheBox Holding Co., Ltd. (NYSE:LITB) posted its quarterly earnings results on Friday, December, 14th. The technology company reported ($0.27) earnings per share for the quarter. The technology company earned $44.50 million during the quarter. LightInTheBox had a negative net margin of 11.23% and a negative trailing twelve-month return on equity of 22.19%.

LightInTheBox updated its first quarter 2023 earnings guidance on Monday, March, 20th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $135.00 million-$145.00 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 a number of institutional and retail investors. Top institutional shareholders include Renaissance Technologies LLC (0.96%) and Concourse Financial Group Securities Inc. (0.00%).

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 $1.56.

LightInTheBox (NYSE:LITB) has a market capitalization of $176.17 million and generates $503.57 million in revenue each year. The technology company earns $13.13 million in net income (profit) each year or ($0.49) on an earnings per share basis.

The company employs 1,008 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 862168772231, via email at ir@lightinthebox.com, or via fax at 86-10-5908-0270.