LightInTheBox Holding Co., Ltd. (NYSE:LITB) stock observed trading -45.85% off 52-week high price. On the other end, the stock has been noted 44.12% away from low price over the last 52-weeks. The stock disclosed a move of 5.72% away from 50 day moving average and -24.00% away from 200 day moving average. Moving closer, we can see that shares have been trading 9.93% off 20-day moving average. It has market cap of $65.91M.
On Dec. 27, 2019, LightInTheBox Holding Co., Ltd. (NYSE:LITB) a cross-border e-commerce platform that delivers products directly to consumers around the world, revealed that its Chief Executive Officer Mr. Jian He has purchased 151,089 ADS of the Company’s stock from the public market. The purchases were made during the open window period and in compliance with company and legal guidelines.
We continue to make significant progress in implementing our strategy to turn the business around. Our financial and operational performance is improving rapidly and I remain convinced this sector will continue to generate enormous growth opportunities. This share repurchase reflects my strong confidence in our future business prospects and ability to create greater value for our shareholders, commented Mr. Jian He, Chief Executive Officer of LightInTheBox.
The China based company LightInTheBox Holding Co., Ltd. moved with change of 5.38% to $0.98 with the total traded volume of 686248 shares in recent session versus to an average volume of 83.50K. The stock was observed in the 5 days activity at 7.72%. The one month performance of stock was 7.08%. LITB’s shares are at -18.33% for the quarter and driving a -26.32% return over the course of the past year and is now at -19.67% since this point in 2018. Right now the stock beta is -0.56. The average volatility for the week and month was at 6.75% and 9.28% respectively. There are 67.25M shares outstanding and 8.30M shares are floated in market.
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