LightInTheBox (NYSE:LITB) Shares Cross Below Two Hundred Day Moving Average of $1.04

LightInTheBox Holding Co., Ltd. (NYSE:LITB)’s stock price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $1.04 and traded as low as $0.69. LightInTheBox shares last traded at $0.76, with a volume of 9,619 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, StockNews.com assumed coverage on LightInTheBox in a report on Friday. They issued a “buy” rating on the stock.

LightInTheBox Price Performance

The company has a 50-day moving average price of $0.81 and a 200-day moving average price of $1.04. The firm has a market capitalization of $80.62 million, a PE ratio of -9.07 and a beta of 0.89.

LightInTheBox (NYSE:LITB) last released its earnings results on Monday, March 25th. The technology company reported ($0.04) earnings per share for the quarter. The company had revenue of $135.56 million during the quarter.

LightInTheBox Company Profile

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.