Hour Loop (NASDAQ:HOUR) Stock Price Down 2.8% – Here’s Why

Hour Loop, Inc. (NASDAQ:HOURGet Free Report)’s share price dropped 2.8% on Thursday . The company traded as low as $1.70 and last traded at $1.71. Approximately 13,829 shares were traded during trading, a decline of 97% from the average daily volume of 479,905 shares. The stock had previously closed at $1.76.

Hour Loop Trading Down 2.8 %

The company has a market cap of $60.09 million, a PE ratio of 34.21 and a beta of 1.08. The business has a 50 day simple moving average of $1.99 and a two-hundred day simple moving average of $1.75.

About Hour Loop

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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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