LightInTheBox’s Strategic Shift Boosts Profitability
TipRanks (Tue, 10-Dec 6:31 AM ET)
LightInTheBox GAAP EPADS of $0.01, revenue of $57M
Seeking Alpha News (Tue, 10-Dec 6:02 AM ET)
LightInTheBox Reports Third Quarter 2024 Financial Results
PRNewswire (Tue, 10-Dec 6:00 AM ET)
LightInTheBox to Report Third Quarter 2024 Financial Results on Tuesday, December 10, 2024
PRNewswire (Tue, 3-Dec 6:00 AM ET)
LightInTheBox Announces Annual General Meeting Results
PRNewswire (Fri, 11-Oct 6:00 AM ET)
LightInTheBox Annual General Meeting
PRNewswire (Wed, 9-Oct 5:30 AM ET)
LightInTheBox Holding Co Ltd is an online retail company delivering products directly to consumers across the world. It provides apparel products including customized, special occasion and fast fashion apparel products; and other general merchandise products, such as accessories and gadgets, home and garden products, electronics and communication devices, and other products. The company is engaged in product sales which consisted of online retailing of consumer products. It also provides services which consisted of the provision of logistic services to e-commerce retailers and small businesses. Geographically, it operates in Europe which is the key revenue driver, North America, and other countries.
Lightinthebox Holding Co. Ltd. American Depositary Shares Each Representing Twelve trades on the NYSE stock market under the symbol LITB.
As of December 13, 2024, LITB stock price declined to $1.74 with 8,657 million shares trading.
LITB has a beta of -3.17, meaning it tends to be less sensitive to market movements. LITB has a correlation of 0.04 to the broad based SPY ETF.
LITB has a market cap of $193.43 million. This is considered a Micro Cap stock.
In the last 3 years, LITB traded as high as $4.80 and as low as $.40.
LITB has outperformed the market in the last year with a return of +56.8%, while the SPY ETF gained +31.7%. However, in the most recent history, LITB shares have underperformed the stock market with its stock returning -62.2% in the last 3 month period and -11.2% for the last 2 week period, while SPY has returned +8.4% and +0.9%, respectively.
LITB support price is $1.64 and resistance is $1.90 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that LITB shares will trade within this expected range on the day.