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Stock News in Focus: LightInTheBox Holding Co., Ltd. (NYSE:LITB)

LightInTheBox Holding Co., Ltd. (NYSE:LITB) stock observed trading -48.62% off 52-week high price. On the other end, the stock has been noted 36.76% away from low price over the last 52-weeks. The stock disclosed a move of -0.06% away from 50 day moving average and -27.92% away from 200 day moving average. Moving closer, we can see that shares have been trading 4.41% off 20-day moving average. It has market cap of $62.54M.

On Dec. 26, 2019, LightInTheBox Holding Co., Ltd. (NYSE:LITB) a cross-border e-commerce platform that delivers products directly to consumers around the world, notified it will hold its 2019 annual general meeting of shareholders at Floor 5, Building 2, No. 399, Shengxia Road, Pudong New Area, 201203, Shanghai, China on December 30th, 2019 at 10:00 a.m., local time.

No proposal will be submitted for shareholder approval at the annual general meeting. Instead, the annual general meeting will serve as an open forum for shareholders to discuss Company affairs with management.

The board of directors of the Company has fixed the close of business on December 8th, 2019 as the record date (the Record Date) for determining the shareholders entitled to receive notice of the annual general meeting or any adjournment or postponement thereof.

The China based company LightInTheBox Holding Co., Ltd. moved with change of 3.01% to $0.93 with the total traded volume of 58026 shares in recent session versus to an average volume of 82.08K. The stock was observed in the 5 days activity at 5.81%. The one month performance of stock was 4.49%. LITB’s shares are at -21.19% for the quarter and driving a -27.34% return over the course of the past year and is now at -23.77% since this point in 2018.  Right now the stock beta is -0.56. The average volatility for the week and month was at 4.92% and 8.84% respectively. There are 67.25M shares outstanding and 8.30M shares are floated in market.

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