Somewhat Positive News Coverage Somewhat Unlikely to Affect Lightinthebox (LITB) Stock Price

News stories about Lightinthebox (NYSE:LITB) have been trending somewhat positive this week, Accern reports. The research firm rates the sentiment of news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Lightinthebox earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned media stories about the technology company an impact score of 46.8345542004827 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

Several equities analysts have issued reports on the stock. ValuEngine upgraded shares of Lightinthebox from a “sell” rating to a “hold” rating in a research report on Friday, December 1st. BidaskClub upgraded shares of Lightinthebox from a “strong sell” rating to a “sell” rating in a research report on Saturday, November 4th.

Shares of Lightinthebox (NYSE:LITB) traded down $0.10 during midday trading on Friday, reaching $2.40. 115,815 shares of the company’s stock traded hands, compared to its average volume of 303,898. Lightinthebox has a 1 year low of $1.61 and a 1 year high of $3.52. The firm has a market cap of $165.38, a PE ratio of -18.46 and a beta of 1.25.

ILLEGAL ACTIVITY WARNING: This piece was originally posted by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are reading this piece on another site, it was stolen and republished in violation of international trademark and copyright law. The original version of this piece can be viewed at https://www.dispatchtribunal.com/2018/01/13/somewhat-positive-press-coverage-somewhat-unlikely-to-impact-lightinthebox-litb-share-price.html.

About Lightinthebox

LightInTheBox Holding Co, Ltd. (LightInTheBox) is an online retail company that delivers products directly to consumers around the world. The Company offers a range of products through www.lightinthebox.com, www.miniinthebox.com and its other Websites, as well as mobile applications, which are available in approximately 30 languages.

Insider Buying and Selling by Quarter for Lightinthebox (NYSE:LITB)

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.

Leave a Reply