How to Buy Hour Loop Stock
Hour Loop Inc
Hour Loop, Inc. , an online retailer, engages in e-commerce retailing in the United States. The company sells home/garden décor, toys, kitchenware, apparel, and electronics products.
Hour Loop stock last closed at $1.07, up 0.94% from the previous day, and has decreased 30.97% in one year. It has underperformed other stocks in the Internet Retail industry by 0.43 percentage points. Hour Loop stock is currently +18.89% from its 52-week low of $0.90, and -78.12% from its 52-week high of $4.89.
There are currently 35.1M shares of HOUR outstanding. The market capitalization of HOUR is $37.55M. In the past 24 hours, 19,574 HOUR shares were traded.
How to Buy Hour Loop Stock
Wondering how to invest in Hour Loop stock? Here's how.
- Figure out where to buy Hour Loop stock: You need to pick an online brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you determine where to buy Hour Loop stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit funds into your brokerage account: Pick your method of payment and add your details.
- Research Hour Loop stock: The Hour Loop ticker symbol is HOUR. Is Hour Loop stock a good investment? Should you buy shares of HOUR? How do HOUR's underlying business fundamentals look? Do top analysts think Hour Loop is a good buy? Why has HOUR's stock price moved recently? (Hint: Our stock market analysis tools can help you understand if HOUR is a good stock to buy).
- Place your HOUR trade: Decide if you will purchase HOUR shares at the current market price or use a limit order to purchase HOUR stock at a particular price.
- Track your HOUR position: Create a watchlist to the latest updates on your position in Hour Loop shares.
Step 1: Figure out where to buy Hour Loop stock
You need a brokerage account in order to access the NASDAQ market and buy HOUR shares.
Our preferred brokerage: eToro
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- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by opening an account with eToro today.
Open eToro AccountStep 2: Create your brokerage account
Now that you've picked your brokerage, you need to fill out some personal details so you are able to buy HOUR stock today.
How to Create a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to open your new trading account.
- Submit your application by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you have filled out your info on the best beginner stock app, you can securely and quickly fund your account:
Watch the video below if you need help depositing funds into your new brokerage account.
Step 4: Research Hour Loop stock
After you have figured out the best place to buy Hour Loop stock, it's very important to evaluate their stock prior to buying, so you can comprehend the risk and opportunity.
Hour Loop shares data
HOUR Fundamentals
WallStreetZen was created to help everyday investors do better fundamental analysis in less time.
You can view all of the due diligence checks on HOUR's stock page.
Is HOUR stock overvalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge HOUR's true value.
Using relative valuations metrics:
- HOUR may be overvalued based on its P/B ratio of 8.43x, relative to Internet Retail industry P/B ratio of 5.8x
You can do more valuation analysis on HOUR's stock here.
HOUR Financial Health Overview
Passed Health Checks:
- HOUR has $2.48M in cash and short term investments. This is enough to cover its annual cash burn of $2.08M.
- There are more short-term assets than short-term liabilities on the HOUR balance sheet.
- HOUR has cash burn of 2078198. It has enough cash and short-term investments to cover this for at least one year.
- There are more short-term assets than long-term liabilities on the HOUR balance sheet.
Failed Health Checks:
- HOUR has a relatively high debt to equity ratio of 3.39.
- HOUR profit margin has gone down from -1.5% to -1.8% in the past year.
Metrics for Advanced HOUR Traders
Is HOUR Making Money?
Last year, HOUR revenue was $132.12M. In the past four year, HOUR's revenue has grown by 49.34% per year. This was faster than the Internet Retail industry average of 26.61%.
Dig into HOUR's earnings and revenue performance here.
What are HOUR insiders up to?
In the last year, executives and large shareholders at HOUR have not bought or sold any shares.
Dig into more about who owns HOUR stock here.
Does HOUR stock generate passive income?
No, Hour Loop doesn't provide an income stream by paying out dividends.
What do other investors have to say about HOUR?
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Place your HOUR trade
There are two main options:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are mostly the easiest way to buy. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a given price, place a limit order.
Click the Open button and eToro will execute your order.
If you need more assistance investing in stocks on eToro, watch the how to video below:
Step 6: Track your HOUR position
Now that you own some shares in HOUR, you'll want to stay up-to-date on your investment.
Start a watchlist to track the latest developments regarding your HOUR stock.
HOUR Feed
How to Buy Stock in Hour Loop
To summarize, here are the 6 steps to buy stock in Hour Loop:
- Figure out where to buy Hour Loop stock
- Create your brokerage account
- Deposit funds into your brokerage account
- Research Hour Loop stock
- Place your HOUR trade
- Track your HOUR position
If you are looking for a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to get notifications regarding your investment in Hour Loop, hit the button below to create your watchlist.
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