Hour Loop (NASDAQ:HOUR – Get Free Report) is expected to announce its results before the market opens on Friday, August 7th. Analysts expect the company to post earnings of $0.03 per share and revenue of $29.6650 million for the quarter.
Hour Loop (NASDAQ:HOUR – Get Free Report) last released its earnings results on Tuesday, May 12th. The company reported $0.02 earnings per share for the quarter. The company had revenue of $29.93 million during the quarter. Hour Loop had a net margin of 1.28% and a return on equity of 25.29%.
Hour Loop Stock Performance
Shares of Hour Loop stock opened at $1.90 on Wednesday. The firm has a market cap of $66.69 million, a PE ratio of 37.91 and a beta of 1.38. The firm’s 50-day simple moving average is $1.91 and its 200-day simple moving average is $1.94. Hour Loop has a 1 year low of $1.24 and a 1 year high of $6.84.
Institutional Trading of Hour Loop
Analyst Ratings Changes
Separately, Weiss Ratings upgraded Hour Loop from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, June 1st. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, Hour Loop presently has an average rating of “Hold”.
Check Out Our Latest Stock Analysis on Hour Loop
About Hour Loop
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. Hour Loop, Inc was founded in 2013 and is headquartered in Redmond, Washington.
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