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In the last trading session, 1,182,259 shares of the LightInTheBox Holding Co., Ltd.(NYSE:LITB) were traded, and its beta was 0.8.Most recently the company’s share price was $4.27, and it changed around -$0.34 or -0.07% from the last close, which brings the market valuation of the company to $477.28 Million.LITB currently trades at a discount to its 52-week high of $5.69, offering almost -33.26% off that amount.The share price’s 52-week low was $0.58, which indicates that the current value has risen by an impressive 86.42% since then.
We note from LightInTheBox Holding Co., Ltd.’s average daily trading volume that its 10-day average is 3.65 Million shares, with the 3-month average coming to 876.06
LightInTheBox Holding Co., Ltd.
stock received a consensus recommendation rating of Hold, based on a mean score of 0.If we narrow it down even further, the data shows that none out of 1 1 recommended LITB as a Hold, whereas none deemed it a Buy, and no one rated it as Underweight.
LightInTheBox Holding Co., Ltd.is expected to report earnings per share of $0 for the current quarter.LightInTheBox Holding Co., Ltd.
(NYSE:LITB): Trading Information
Although LITB has showed a red trend with a performance of -7.38% $5.69- on Wednesday, Feb 17 increased the stock’s daily price by 24.96%.The company’s shares are currently up 0.68% year-to-date, but still down -0.0656 over the last five days.
On the other hand, LightInTheBox Holding Co., Ltd.(NYSE:LITB) is 0.63% up in the 30-day period.
We can see from the shorts that 188.12 Million shares have been sold at a short interest cover period of 0.21 day(s).
The consensus price target as assigned by Wall Street analysts is $3, which translates to bears needing to reduce their stock price by -29.74% from its current value.Analyst projections state that LITB is forecast to be at a low of $3 and a high of $3.In order for the stock price to hit the forecast high, the stock would need to surge -29.74% from its current level, while the stock would need to crash -29.74% from its current level to reach the projected low.LightInTheBox Holding Co., Ltd.
(LITB) projections and forecasts
Consensus estimates provided by 1 financial analysts predict the company will bring in an average of $78.49 Million in revenue for the current quarter.1 analysts expect LightInTheBox Holding Co., Ltd.to make $77.08 Million in revenue for the quarter ending in Apr 2021.
The company’s sales for the same quarters a year ago were $65.65 Million and $64.36 Million respectively.Analysts predict that the company’s current quarter sales will jump, forecast at 19.6%.Forecasts for the next quarter put sales growth at 19.8%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 15%.
LightInTheBox Holding Co., Ltd.earnings are expected to increase by 101% in 2021, but the outlook is positive 45% per year for the next five years.LightInTheBox Holding Co., Ltd.(NYSE:LITB)’s 8.08% of LightInTheBox Holding Co., Ltd.
shares, and 9.92% 10.79%.LightInTheBox Holding Co., Ltd.stock is held by 14 institutions, with IDG China Venture Capital Fund IV Associates, LP being the largest institutional investor.By Dec 30, 2020, it held 16.49% of the shares, which is about 6.46 Million shares worth $16.4 Million.
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