Hour Loop (NASDAQ:HOUR) Posts Quarterly Earnings Results

Key Points

• Hour Loop (NASDAQ:HOUR) reported a quarterly earnings per share of $0.04, with a net margin of 0.18% and a return on equity of 4.14%.
• The stock price declined by $0.02 on Tuesday, settling at $1.81, with a market capitalization of $63.64 million.
• Hour Loop operates as an online retailer in various product categories, including home décor, toys, kitchenware, apparel, and electronics.

Hour Loop (NASDAQ:HOUR - Get Free Report) announced its quarterly earnings results on Tuesday. The company reported $0.04 earnings per share for the quarter, Zacks reports. Hour Loop had a net margin of 0.18% and a return on equity of 4.14%.

Hour Loop Stock Performance

Shares of HOUR traded down $0.02 on Tuesday, hitting $1.81. 5,544 shares of the stock traded hands, compared to its average volume of 174,462. The company has a market capitalization of $63.64 million, a PE ratio of 181.18 and a beta of 1.23. The business has a 50 day simple moving average of $1.56 and a 200 day simple moving average of $1.58. Hour Loop has a one year low of $1.10 and a one year high of $6.90.

Hour Loop Company Profile

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.

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