Hour Loop, Inc. (NASDAQ:HOUR – Get Free Report) was up 2.4% during trading on Friday . The stock traded as high as $1.89 and last traded at $1.86. Approximately 65,696 shares changed hands during mid-day trading, a decline of 39% from the average daily volume of 106,844 shares. The stock had previously closed at $1.8170.
Analyst Ratings Changes
Separately, Weiss Ratings reissued a “sell (d+)” rating on shares of Hour Loop in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, Hour Loop has a consensus rating of “Sell”.
View Our Latest Report on Hour Loop
Hour Loop Trading Up 2.4%
Hour Loop (NASDAQ:HOUR – Get Free Report) last announced its earnings results on Wednesday, November 12th. The company reported $0.01 EPS for the quarter. The company had revenue of $33.42 million during the quarter. Hour Loop had a return on equity of 12.96% and a net margin of 0.59%.
Hedge Funds Weigh In On Hour Loop
An institutional investor recently bought a new position in Hour Loop stock. Two Sigma Investments LP purchased a new position in Hour Loop, Inc. (NASDAQ:HOUR – Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 54,226 shares of the company’s stock, valued at approximately $159,000. Two Sigma Investments LP owned approximately 0.15% of Hour Loop at the end of the most recent reporting period. Hedge funds and other institutional investors own 0.31% of the company’s stock.
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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