LightInTheBox (LITB) Raised to “Hold” at ValuEngine
ValuEngine upgraded shares of LightInTheBox (NYSE:LITB) from a sell rating to a hold rating in a research note released on Friday.
Separately, BidaskClub raised LightInTheBox from a strong sell rating to a sell rating in a report on Saturday, November 4th.
LightInTheBox (NYSE LITB) opened at $1.80 on Friday. LightInTheBox has a twelve month low of $1.61 and a twelve month high of $3.20.
A hedge fund recently raised its stake in LightInTheBox stock. Renaissance Technologies LLC raised its stake in LightInTheBox Holding Co., Ltd. (NYSE:LITB) by 2.2% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 302,600 shares of the technology company’s stock after buying an additional 6,400 shares during the period. Renaissance Technologies LLC owned approximately 0.44% of LightInTheBox worth $850,000 as of its most recent filing with the SEC. Hedge funds and other institutional investors own 0.61% of the company’s stock.
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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.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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