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Is Lightinthebox Holding Co Ltd-ADR (LITB) a Stock to Watch This Week?

Thursday, October 08, 2020 01:26 PM | InvestorsObserver Analysts
Is Lightinthebox Holding Co Ltd-ADR (LITB) a Stock to Watch This Week?

The market has been high on Lightinthebox Holding Co Ltd-ADR (LITB) stock recently. LITB gets a Bullish score from InvestorsObserver's Stock Sentiment Indicator.

Sentiment Score - ,bullish
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 trading at $2.18 as of 1:24 PM on Thursday, Oct 8, a gain of $0.22, or 11.22% from the previous closing price of $1.96. The stock has traded between $2.01 and $2.45 so far today. Volume today is elevated. So far 1,248,735 shares have traded compared to average volume of 407,114 shares.

To screen for more stocks like Lightinthebox Holding Co Ltd-ADR click here.

More About Lightinthebox Holding Co Ltd-ADR

LightInTheBox Holding Co Ltd is an online retail company delivering products directly to consumers across the world. It provides apparel products including customized, special occasion and fast fashion apparel products; and other general merchandise products, such as accessories and gadgets, home and garden products, electronics and communication devices, and other products. The company is engaged in product sales which consisted of online retailing of consumer products. It also provides services which consisted of the provision of logistic services to e-commerce retailers and small businesses. Geographically, it operates in Europe which is the key revenue driver, North America, and other countries.

Click Here to get the full Stock Score Report on Lightinthebox Holding Co Ltd-ADR (LITB) Stock.

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