Overall market sentiment has been high on Lightinthebox Holding Co Ltd-ADR (LITB) stock lately. LITB receives a Bullish rating from InvestorsObserver's Stock Sentiment Indicator.
Lightinthebox Holding Co Ltd-ADR has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on LITB!
What is Stock Sentiment?
Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With LITB Stock Today?
Lightinthebox Holding Co Ltd-ADR (LITB) stock is down -1.58% while the S&P 500 is higher by 1.35% as of 12:48 PM on Friday, May 8. LITB has fallen -$0.01 from the previous closing price of $0.81 on volume of 27,589 shares. Over the past year the S&P 500 is up 0.26% while LITB has fallen -45.21%. LITB earned $0.01 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 89.17.
To see InvestorsObserver's Sentiment Score for Lightinthebox Holding Co Ltd-ADR click here.
