April 24, 2024 Google’s Third Cookie Phaseout Delay Amid Regulatory Hurdles
April 19, 2024 Bitcoin Halving: Catalyst for New Price Heights?
April 18, 2024 EU Moves Toward Single Capital Market Union
Amazon Web Services Expands Bedrock GenAI Service
Why Microsoft Stands Out As A Pre-Earnings Buy
Wall Street Lunch: Big Tech Bearishness?
April 23, 2024 Maximizing Profits: When is the Right Time to Sell Your Business?
April 12, 2024 Improve Your Financial Status: A How-To Guide
April 12, 2024 How ZIM Integrated Container Tracking is Revolutionizing Global Trade
March 15, 2024 6 Best Growth Stocks To Buy Now According to Metatrader 5
Hour Loop (HOUR) stock forecast for 2024
Updated: April 22, 2024 (09:47)
Sector: Consumer cyclicalThe share price of Hour Loop, Inc. (HOUR) now
50/200 Day Moving Average: $1.267 / $1.431
This figure corresponds to the Average Price over the previous 50/200 days. For Hour Loop stocks, the 50-day moving average is the resistance level today.
For Hour Loop stocks, the 200-day moving average is the resistance level today.
Are you interested in Hour Loop, Inc. stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Hour Loop stock price in 2024. How much will one Hour Loop share be worth in 2024? Is it worth taking profit / loss on HOUR stock now or waiting? What are analysts' forecasts for Hour Loop stock?
We forecast Hour Loop stock performance using neural networks based on historical data on HOUR stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account. This corporation stock prediction results are shown below and presented as a graph, table and text information.
Hour Loop, Inc. stock forecasts are adjusted once a day based on the closing price of the previous trading day.
The minimum target price for Hour Loop analysts is $1.75. Today 200 Day Moving Average is the resistance level (1.431 $). 50 Day Moving Average is the resistance level (1.267 $).
Historical and forecast chart of Hour Loop, Inc. stock
The chart below shows the historical price of Hour Loop stock and a prediction chart for the next year. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the HOUR stock price can be found in the table below.
Hour Loop, Inc, an online retailer, engages in e-commerce retailing in the United States. The company sells home/garden décor, toy, kitchenware, apparel, and electronics products. It sells its products through its website, hourloop.com; and through amazon.com and walmart.com. The company was founded in 2013 and is headquartered in Redmond, Washington.
Hour Loop (HOUR) Forecast for 2024
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| May | 1.14 | 0.98 | 1.25 | 21.17 % |
| Jun | 1.19 | 1.10 | 1.25 | 12.71 % |
| Jul | 1.29 | 1.14 | 1.35 | 15.65 % |
| Aug | 1.10 | 1.03 | 1.26 | 18.89 % |
| Sep | 0.91 | 0.78 | 0.98 | 20.59 % |
| Oct | 1.02 | 0.88 | 1.15 | 24.11 % |
| Nov | 1.08 | 0.97 | 1.14 | 14.96 % |
| Dec | 1.00 | 0.89 | 1.14 | 22.28 % |
Hour Loop information and performance
8201 164TH AVE NE #200, REDMOND, WA, US
Market capitalization of the Hour Loop, Inc. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of HOUR shares in the company outstanding by the market price of one share.
EBITDA of Hour Loop is earnings before interest, income tax and depreciation of assets.
P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit
Price/earnings to growth
Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.
Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.
EPS shows how much of the net profit is accounted for by the common share.
Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.
Forward P/E uses projections of future earnings instead of final numbers.
Enterprise Value (EV) /Revenue
The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).
Number of issued ordinary shares
Number of freely tradable shares
Shares Short Prior Month - the number of shares in short positions in the last month.
Hour Loop price target for 2024 by month
Target values for the price of one Hour Loop share for May 2024.
In May, the Positive dynamics for Hour Loop, Inc. shares will prevail with possible monthly volatility of 21.168% volatility is expected.
Pessimistic target level: 0.98
Optimistic target level: 1.25
Target values for the price of one Hour Loop share for Jun 2024.
In Jun, the Positive dynamics for Hour Loop, Inc. shares will prevail with possible monthly volatility of 12.713% volatility is expected.
Pessimistic target level: 1.10
Optimistic target level: 1.25
Target values for the price of one Hour Loop share for Jul 2024.
In Jul, the Positive dynamics for Hour Loop, Inc. shares will prevail with possible monthly volatility of 15.649% volatility is expected.
Pessimistic target level: 1.14
Optimistic target level: 1.35
Target values for the price of one Hour Loop share for Aug 2024.
In Aug, the Negative dynamics for Hour Loop, Inc. shares will prevail with possible monthly volatility of 18.891% volatility is expected.
Pessimistic target level: 1.03
Optimistic target level: 1.26
Target values for the price of one Hour Loop share for Sep 2024.
In Sep, the Negative dynamics for Hour Loop, Inc. shares will prevail with possible monthly volatility of 20.594% volatility is expected.
Pessimistic target level: 0.78
Optimistic target level: 0.98
Target values for the price of one Hour Loop share for Oct 2024.
In Oct, the Positive dynamics for Hour Loop, Inc. shares will prevail with possible monthly volatility of 24.113% volatility is expected.
Pessimistic target level: 0.88
Optimistic target level: 1.15
Target values for the price of one Hour Loop share for Nov 2024.
In Nov, the Positive dynamics for Hour Loop, Inc. shares will prevail with possible monthly volatility of 14.962% volatility is expected.
Pessimistic target level: 0.97
Optimistic target level: 1.14
Target values for the price of one Hour Loop share for Dec 2024.
In Dec, the Negative dynamics for Hour Loop, Inc. shares will prevail with possible monthly volatility of 22.281% volatility is expected.
Pessimistic target level: 0.89
Optimistic target level: 1.14
