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 restated by analysts at Maxim Group in a report issued on Friday, Benzinga reports.

Hall of Fame Resort & Entertainment Trading Down 1.8 %

Shares of NASDAQ HOFV traded down $0.03 during midday trading on Friday, reaching $1.63. The company’s stock had a trading volume of 18,322 shares, compared to its average volume of 19,580. The company has a 50 day moving average price of $1.95 and a 200 day moving average price of $2.59. Hall of Fame Resort & Entertainment has a one year low of $1.59 and a one year high of $4.04. The company 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 (NASDAQ:HOFV) last released its earnings results on Monday, August 12th. The company reported ($2.41) EPS for the quarter, topping 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 business had revenue of $4.70 million for the quarter. During the same quarter in the previous year, the firm earned ($2.39) earnings per share.

Institutional Investors Weigh In On Hall of Fame Resort & Entertainment

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

About Hall of Fame Resort & Entertainment

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.