Hour Loop (NASDAQ:HOUR) Announces Earnings Results

Hour Loop (NASDAQ:HOUR) released its quarterly earnings data on Thursday. The company reported ($0.04) earnings per share for the quarter, Zacks reports. Hour Loop had a return on equity of 31.06% and a net margin of 1.24%.

Hour Loop Stock Performance

Shares of Hour Loop stock traded down $0.08 during mid-day trading on Thursday, hitting $1.92. 1,780,734 shares of the stock were exchanged, compared to its average volume of 494,186. The company has a 50-day simple moving average of $1.95 and a 200 day simple moving average of $1.77. The company has a market capitalization of $67.47 million, a P/E ratio of 38.41 and a beta of 1.08. Hour Loop has a 12 month low of $0.83 and a 12 month high of $6.90.

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.