Hour Loop (NASDAQ:HOUR) Issues Quarterly Earnings Results

Hour Loop (NASDAQ:HOUR) posted its earnings results on Thursday. The company reported ($0.04) earnings per share for the quarter, Zacks reports. The business had revenue of $54.43 million for the quarter. Hour Loop had a return on equity of 31.06% and a net margin of 1.24%.

Hour Loop Stock Down 18.2 %

NASDAQ HOUR opened at $1.57 on Friday. The company has a market capitalization of $55.17 million, a price-to-earnings ratio of 31.41 and a beta of 1.08. Hour Loop has a twelve month low of $0.83 and a twelve month high of $6.90. The stock has a fifty day simple moving average of $1.93 and a 200 day simple moving average of $1.77.

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.