LightInTheBox Holding Co., Ltd. (NYSE:LITB – Get Free Report)’s share price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $2.75 and traded as high as $3.27. LightInTheBox shares last traded at $3.17, with a volume of 5,605 shares trading hands.
LightInTheBox Price Performance
The firm has a market cap of $56.87 million, a P/E ratio of 6.34 and a beta of 0.03. The stock’s 50 day moving average is $3.24 and its two-hundred day moving average is $2.75.
Institutional Trading of LightInTheBox
A hedge fund recently bought a new stake in LightInTheBox stock. SmartHarvest Portfolios LLC acquired a new position in shares of LightInTheBox Holding Co., Ltd. (NYSE:LITB – Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 19,497 shares of the technology company’s stock, valued at approximately $44,000. SmartHarvest Portfolios LLC owned approximately 0.11% of LightInTheBox at the end of the most recent reporting period. Institutional investors own 56.77% of the company’s stock.
LightInTheBox Company Profile
LightInTheBox Co, Ltd. is a China-based global online retailer specializing in direct-to-consumer e-commerce. Headquartered in Beijing, the company operates two primary platforms—LightInTheBox and MiniInTheBox—that cater to customers around the world. Through these websites and mobile applications, it offers a broad range of merchandise, from fashion apparel and accessories to home and garden products, electronics, and wedding essentials.
Since its founding in 2007, LightInTheBox has focused on providing affordable, trend-driven items sourced from a network of suppliers in Asia.
Further Reading
- Five stocks we like better than LightInTheBox
- SpaceX: Love the Company, But the Stock Is a Harder Call
- Ulta’s Growth Is Real, But So Are the Risks
- BWX Technologies Is Turning the AI Power Problem Into a Nuclear Growth Story
- Meta’s Earnings Drop Shows Wall Street Wants More Than Ad Growth
Receive News & Ratings for LightInTheBox Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LightInTheBox and related companies with MarketBeat.com's FREE daily email newsletter.
