Do Investors Have Much Faith In LightInTheBox Holding Co Ltd ADR (NYSE: LITB)

money audit

LightInTheBox Holding Co Ltd ADR (NYSE:LITB) does about 135.23K shares in volume on a normal day but saw 390532 shares change hands in the recent trading day. The company now has a market cap of 58.57M USD. Its current market price is $0.52, marking a decrease of -20.00% compared to the previous close of $0.65. The 52 week high reached by this stock is $1.47 whilst the lowest price level in 52 weeks is $0.40.

LightInTheBox Holding Co Ltd ADR (LITB) has a 20-day trading average at $0.4986 and the current price is -64.63% off the 52-week high compared with 30.00% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.6571 and its 200-day simple moving average is $0.8485. If we look at the stock’s price movements over the week, volatility stands at 29.98%, which decreases to 18.24% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 46.60 to suggest the stock is neutral.

The consensus objective for the share price is $3.00, suggesting that the stock has a potential upside of 82.67% over the period.

The current price level is 3.98%, -21.61%, and -39.00% away from its SMA20, SMA50, and SMA200 respectively, with the LITB price moving above the 50-day SMA on current market day. LightInTheBox Holding Co Ltd ADR (LITB) stock is up 14.14% over the week and -9.82% over the past month. Its price is -51.40% year-to-date and -62.04% over the past year.

To reach the target analysts have set, the stock logically needs to grow 82.67 percent from here.

The company has a return on equity of -220.79%. The beta has a value of 0.95. Price to sales ratio is 0.14.