Press coverage about Lightinthebox (NYSE:LITB) has been trending somewhat negative this week, according to Accern Sentiment Analysis. Accern identifies negative and positive press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Lightinthebox earned a media sentiment score of -0.02 on Accern’s scale. Accern also gave media stories about the technology company an impact score of 45.6038115991752 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Separately, ValuEngine raised Lightinthebox from a “hold” rating to a “buy” rating in a research report on Thursday, June 7th.
Shares of Lightinthebox traded up $0.05, reaching $1.75, during midday trading on Friday, according to MarketBeat.com. 3,133 shares of the stock were exchanged, compared to its average volume of 39,233. Lightinthebox has a 52 week low of $1.61 and a 52 week high of $3.52.
Lightinthebox (NYSE:LITB) last posted its quarterly earnings results on Friday, June 29th. The technology company reported ($0.12) earnings per share (EPS) for the quarter. Lightinthebox had a negative return on equity of 26.73% and a negative net margin of 4.73%. The firm had revenue of $70.05 million for the quarter.
LightInTheBox Holding Co, Ltd., through its subsidiaries, operates as an online retail company worldwide. 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.
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