Hour Loop Inc (NASDAQ: HOUR) Emerges As Guiding Light For Investors

Hour Loop Inc (NASDAQ:HOUR) currently has a daily average trading volume of 21.25K but it saw 97507851 shares traded in last market. With a market cap of 121.23M USD, the company’s current market price of $4.40 came rising about 207.69 while comparing to the previous closing price of $1.43. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.20 and as low as $0.83. In the recent trading on the day, stock has struck highest price mark of $1.77 while lowest mark touched by it was $6.9.

Taking a look at 20-day trading activity of Hour Loop Inc (HOUR) gives us an average price of $1.6100, while its current price level is 100.17% below from 52-week high level whereas it is 430.12% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $1.5200 while that of 200 days or SMA-200 reads an average of $1.2500. A closer look into the stock’s movement over the week reveals that its volatility is standing at 62.82% during that period while stretching the period over a month that decreases to 21.61%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 86.54 which implies that the stock is in overbought territory.

Over the week, HOUR’s stock price is moving 139.58% up while it is 131.54% when we observe its performance for the past one month. Year-to-date it is 149.26% up and over the past year, the stock is showing an upside performance of 151.82%.

Currently, Hour Loop Inc’s total number of outstanding shares is 35.13M. Company’s return on investment (ROI) stands at 16.34% and return on equity (ROE) at 30.82%. It has a price to earnings ratio (P/E ratio) of 68.32. Stock’s beta reads 1.30. Stock has a price to book (P/B) ratio of 18.12 while price to sale or P/S ratio amounts to 0.85. Its return on asset (ROA) is 5.91% on average.