LightInTheBox Holding (LITB) Surges: Stock Moves 18.3% Higher – Tale of the Tape

Zacks

LightInTheBox Holding Co., Ltd. (LITB) was a big mover last session, as the company saw its shares rise by over 18% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company as the stock is now down almost 25% in the past one-month time frame.

This Internet services company has seen no estimate revision over the past 30 days and its Zacks Consensus Estimate remained unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

LightInTheBox Holding currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the Internet services industry include Bitauto Holdings Ltd. (BITA), Vipshop Holdings Ltd. (VIPS) and Ctrip.com International Ltd. (CTRP). While Bitauto Holdings and Vipshop Holdings hold a Zacks Rank #1 (Strong Buy), Ctrip.com International carries a Zacks Rank #2 (Buy).

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