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LightInTheBox Holding Co. Ltd. (LITB) Analysis & Opinions from Experts

LightInTheBox Holding Co. Ltd. (NYSE: LITB) is 11.88% higher on its value in year-to-date trading and has touched a low of $0.87 and a high of $2.09 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The LITB stock was last observed hovering at around $1.10 in the last trading session, with the day’s gains setting it 0.03% off its average median price target of $3.00 for the next 12 months. It is also 62.33% off the consensus price target high of $3.00 offered by 1 analysts, but current levels are 62.33% higher than the price target low of $3.00 for the same period.

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Currently trading at $1.13, the stock is 2.82% and -0.45% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 49273.0 and changing 2.73% at the moment leaves the stock -6.85% off its SMA200. LITB registered -25.66% loss for a year compared to 6-month gain of 5.61%. The firm has a 50-day simple moving average (SMA 50) of $0.23 and a 200-day simple moving average (SMA200) of $5.93.

The stock witnessed a -0.88% loss in the last 1 month and extending the period to 3 months gives it a 4.63%, and is 3.67% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.84% over the week and 6.30% over the month.

LightInTheBox Holding Co. Ltd. (LITB) has around 971 employees, a market worth around $127.72M and $427.80M in sales. Current P/E ratio is 20.55. Profit margin for the company is 1.50%. Distance from 52-week low is 29.87% and -45.93% from its 52-week high. The company has generated returns on investments over the last 12 months (-40.60%).

LightInTheBox Holding Co. Ltd. (LITB) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for LightInTheBox Holding Co. Ltd. (LITB) is a “Hold”. 1 analysts offering their recommendations for the stock, where 1 rate it as a Hold and 0 think it is a “Overweight”. 0 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.

LightInTheBox Holding Co. Ltd. is expected to release its quarterly report on 12/14/2022.The EPS is expected to shrink by -1.70% this year.

LightInTheBox Holding Co. Ltd. (LITB) Top Institutional Holders

The shares outstanding are 113.05M, and float is at 105.53M with Short Float at 0.42%.

LightInTheBox Holding Co. Ltd. (LITB): Who are the competitors?

The company’s main competitors (and peers) include JD.com Inc. (JD) that is trading -13.09% down over the past 12 months and Leju Holdings Limited (LEJU) that is -88.56% lower over the same period. Vipshop Holdings Limited (VIPS) is -45.37% down on the 1-year trading charts.

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