Renaissance Technologies LLC Reduces Holdings in Lightinthebox Holding Co Ltd-ADR (NYSE:LITB)

Renaissance Technologies LLC reduced its holdings in shares of Lightinthebox Holding Co Ltd-ADR (NYSE:LITB) by 4.2% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 383,241 shares of the technology company’s stock after selling 16,709 shares during the quarter. Renaissance Technologies LLC’s holdings in Lightinthebox were worth $567,000 as of its most recent filing with the Securities and Exchange Commission.

Separately, ValuEngine downgraded shares of Lightinthebox from a “hold” rating to a “sell” rating in a report on Wednesday, October 2nd.

NYSE:LITB opened at $1.06 on Friday. The firm has a 50-day moving average price of $1.29 and a two-hundred day moving average price of $1.43. Lightinthebox Holding Co Ltd-ADR has a twelve month low of $0.60 and a twelve month high of $1.81.

Lightinthebox (NYSE:LITB) last posted its earnings results on Monday, September 9th. The technology company reported ($0.11) earnings per share for the quarter. The business had revenue of $58.14 million for the quarter. Lightinthebox had a negative net margin of 30.19% and a negative return on equity of 1,033.92%.

Lightinthebox Company Profile

LightInTheBox Holding Co, Ltd., through its subsidiaries, operates as an online retail company worldwide. 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.

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