Hall of Fame Resort & Entertainment’s (HOFV) “Hold” Rating Reiterated at Maxim Group

Hall of Fame Resort & Entertainment (NASDAQ:HOFV)‘s stock had its “hold” rating reiterated by equities researchers at Maxim Group in a note issued to investors on Friday, Benzinga reports.

Hall of Fame Resort & Entertainment Trading Down 1.8 %

Hall of Fame Resort & Entertainment stock traded down $0.03 during midday trading on Friday, reaching $1.63. 18,322 shares of the stock traded hands, compared to its average volume of 19,580. The firm has a fifty day moving average price of $1.95 and a two-hundred day moving average price of $2.59. The firm has a market cap of $10.64 million, a price-to-earnings ratio of -0.15 and a beta of 1.92. Hall of Fame Resort & Entertainment has a fifty-two week low of $1.59 and a fifty-two week high of $4.04.

Hall of Fame Resort & Entertainment (NASDAQ:HOFV) last posted its earnings results on Monday, August 12th. The company reported ($2.41) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($2.80) by $0.39. Hall of Fame Resort & Entertainment had a negative net margin of 281.11% and a negative return on equity of 53.14%. The firm had revenue of $4.70 million during the quarter. During the same period in the previous year, the firm earned ($2.39) earnings per share.

Institutional Trading of Hall of Fame Resort & Entertainment

An institutional investor recently bought a new position in Hall of Fame Resort & Entertainment stock. Virtu Financial LLC purchased a new position in shares of Hall of Fame Resort & Entertainment (NASDAQ:HOFV) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 15,418 shares of the company’s stock, valued at approximately $55,000. Virtu Financial LLC owned approximately 0.24% of Hall of Fame Resort & Entertainment at the end of the most recent quarter. 3.62% of the stock is currently owned by hedge funds and other institutional investors.

Hall of Fame Resort & Entertainment Company Profile

Hall of Fame Resort & Entertainment Company, a resort and entertainment company, doing business as the Pro Football Hall of Fame. It owns the DoubleTree by Hilton located in downtown Canton, and the Hall of Fame Village, which is a multi-use sports, entertainment, and media destination. The company is headquartered in Canton, Ohio.