Hour Loop Inc (NASDAQ:HOUR) shares, rose in value on Wednesday, June 18, with the stock price up by 13.66% to the previous day’s close as strong demand from buyers drove the stock to $1.38.
Actively observing the price movement in the last trading, the stock closed the session at $1.21, falling within a range of $1.245 and $1.4. The value of beta (5-year monthly) was 1.147 whereas the PE ratio was 197.14 over 12-month period. Referring to stock’s 52-week performance, its high was $6.90, and the low was $0.83. On the whole, HOUR has fluctuated by 12.20% over the past month.
With the market capitalization of Hour Loop Inc currently standing at about $48.52 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2022-Aug-12.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that HOUR’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of HOUR currently trading nearly 8.21% and 8.40% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 56.57, while the 7-day volatility ratio is showing 7.89% which for the 30-day chart, stands at 4.61%. Furthermore, Hour Loop Inc (HOUR)’s beta value is 1.15, and its average true range (ATR) is 0.10.
A comparison of Hour Loop Inc (HOUR) with its peers suggests the former has fared considerably weaker in the market. HOUR showed an intraday change of 13.66% in last session, and over the past year, it grew by 35.29%%.
Data on historical trading for Hour Loop Inc (NASDAQ:HOUR) indicates that the trading volumes over the past 10 days have averaged 20840.0 and over the past 3 months, they’ve averaged 114.08K. According to company’s latest data on outstanding shares, there are 35.15 million shares outstanding.
Nearly 95.14% of Hour Loop Inc’s shares belong to company insiders and institutional investors own 0.10% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 6766.0 shares as on 2025-05-30, resulting in a short ratio of 0.26. According to the data, the short interest in Hour Loop Inc (HOUR) stood at 39.00 of shares outstanding as of 2025-05-30; the number of short shares registered in 2025-04-30 reached 12079.0. The stock has fallen by -38.67% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the HOUR stock heading into the next quarter.