Hour Loop (HOUR) Expected to Release Quarterly Earnings on Friday

Hour Loop (NASDAQ:HOURGet 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:HOURGet 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

An institutional investor recently bought a new stake in Hour Loop stock. Virtu Financial LLC bought a new position in shares of Hour Loop, Inc. (NASDAQ:HOURFree Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 14,380 shares of the company’s stock, valued at approximately $26,000. Institutional investors own 0.31% of the company’s stock.

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

(Get Free Report)

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.

Further Reading

Earnings History for Hour Loop (NASDAQ:HOUR)

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