Hour Loop (NASDAQ:HOUR) Stock Price Down 3.1%

Hour Loop, Inc. (NASDAQ:HOURGet Free Report)’s share price was down 3.1% during mid-day trading on Tuesday . The stock traded as low as $1.39 and last traded at $1.41. Approximately 9,696 shares changed hands during trading, a decline of 67% from the average daily volume of 29,273 shares. The stock had previously closed at $1.46.

Hour Loop Price Performance

The business’s 50 day simple moving average is $1.24 and its 200 day simple moving average is $1.13. The company has a market capitalization of $49.50 million, a price-to-earnings ratio of 35.50 and a beta of 1.28.

Hour Loop (NASDAQ:HOURGet Free Report) last issued its quarterly earnings results on Friday, August 9th. The company reported $0.02 earnings per share (EPS) for the quarter. Hour Loop had a return on equity of 24.57% and a net margin of 0.91%. The firm had revenue of $28.07 million for the quarter.

About Hour Loop

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Hour Loop, Inc, an online retailer, engages in e-commerce retailing in the United States. The company sells products in various categories, including home/garden décor, toys, kitchenware, apparels, and electronics products. It sells its products through hourloop.com, as well as third-party marketplaces.

Further Reading

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