Wall Street is negative on Lightinthebox Holding Co Ltd-ADR (LITB). On average, analysts give LITB a Strong Sell rating. The average price target is $, which means analysts expect the stock to decline by -100.00% over the next twelve months.
That average ranking earns LITB an Analyst Rating of 0, which is better than 0% of stocks based on data compiled by InvestorsObserver.
Why are Analyst Ratings Important?
Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers.
InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.
What's Happening With Lightinthebox Holding Co Ltd-ADR Stock Today?
Lightinthebox Holding Co Ltd-ADR (LITB) stock is unchanged 0.25% while the S&P 500 is higher by 0.18% as of 2:01 PM on Friday, May 22. LITB is unmoved $0.00 from the previous closing price of $0.79 on volume of 27,056 shares. Over the past year the S&P 500 is up 4.66% while LITB is down -46.62%. LITB earned $0.01 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 86.69.
