LightInTheBox Holding Co. Ltd. (NYSE:LITB) has a beta value of 0.54 and has seen 0.82 million shares traded in the last trading session. The company, currently valued at $155.80M, closed the last trade at $1.32 per share which meant it lost -$0.07 on the day or -5.04% during that session. The LITB stock price is -331.06% off its 52-week high price of $5.69 and 21.97% above the 52-week low of $1.03. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.85 million shares traded. The 3-month trading volume is 1.15 million shares.
LightInTheBox Holding Co. Ltd. (NYSE:LITB) trade information
Sporting -5.04% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on Friday, 09/03/21 when the LITB stock price touched $1.32 or saw a rise of 7.04%. Year-to-date, LightInTheBox Holding Co. Ltd. shares have moved -48.03%, while the 5-day performance has seen it change 5.60%. Over the past 30 days, the shares of LightInTheBox Holding Co. Ltd. (NYSE:LITB) have changed 7.32%. Short interest in the company has seen 0.94 million shares shorted with days to cover at 3.76.
Wall Street analysts have a consensus price target for the stock at $3.00, which means that the shares’ value could jump 56.0% from current levels. The projected low price target is $3.00 while the price target rests at a high of $3.00. In that case, then, we find that the current price level is -127.27% off the targeted high while a plunge would see the stock gain -127.27% from current levels.
LightInTheBox Holding Co. Ltd. (LITB) estimates and forecasts
The company’s shares have lost -56.29% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 9.40%.
1 analysts offering their estimates for the company have set an average revenue estimate of $78.49 million for the current quarter. 1 have an estimated revenue figure of $77.08 million for the next quarter concluding in Sep 2017. Year-ago sales stood $65.65 million and $64.36 million respectively for this quarter and the next, and analysts expect sales will grow by 19.60% for the current quarter and 19.80% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 16.50% over the past 5 years.
LightInTheBox Holding Co. Ltd. is expected to release its next earnings report between August 17 and August 23 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
LightInTheBox Holding Co. Ltd. (NYSE:LITB)’s Major holders
Insiders own 8.06% of the company shares, while shares held by institutions stand at 10.62% with a share float percentage of 11.55%. Investors are also buoyed by the number of investors in a company, with LightInTheBox Holding Co. Ltd. having a total of 31 institutions that hold shares in the company. The top two institutional holders are IDG China Venture Capital Fund IV Associates, LP with over 6.46 million shares worth more than $17.69 million. As of Mar 30, 2021, IDG China Venture Capital Fund IV Associates, LP held 5.76% of shares outstanding.
The other major institutional holder is TB Alternative Assets Ltd., with the holding of over 2.14 million shares as of Mar 30, 2021. The firm’s total holdings are worth over $5.86 million and represent 1.91% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Amplify International Online Retail ETF and Invesco ETF Tr-Invesco Golden Dragon China ETF. As of Mar 30, 2021, the former fund manager holds about 0.06% shares in the company for having 70581.0 shares of worth $0.19 million while later fund manager owns 52683.0 shares of worth $0.15 million as of May 30, 2021, which makes it owner of about 0.05% of company’s outstanding stock.