Hall of Fame Resort & Entertainment (NASDAQ:HOFV) Stock Price Down 5.9%

Hall of Fame Resort & Entertainment (NASDAQ:HOFVGet Free Report) was down 5.9% during trading on Tuesday . The company traded as low as $2.51 and last traded at $2.55. Approximately 38,712 shares changed hands during mid-day trading, an increase of 105% from the average daily volume of 18,881 shares. The stock had previously closed at $2.71.

Hall of Fame Resort & Entertainment Trading Up 6.5 %

The firm has a market capitalization of $16.13 million, a PE ratio of -0.23 and a beta of 1.85. The business has a 50-day moving average of $3.18 and a 200 day moving average of $3.34.

Hall of Fame Resort & Entertainment (NASDAQ:HOFVGet Free Report) last announced its earnings results on Thursday, March 21st. The company reported ($2.60) earnings per share (EPS) for the quarter. Hall of Fame Resort & Entertainment had a negative net margin of 256.43% and a negative return on equity of 45.50%. The business had revenue of $6.14 million for the quarter. On average, sell-side analysts expect that Hall of Fame Resort & Entertainment will post -9.04 EPS for the current fiscal year.

Institutional Investors Weigh In On Hall of Fame Resort & Entertainment

An institutional investor recently bought a new position in Hall of Fame Resort & Entertainment stock. Virtu Financial LLC bought a new stake in shares of Hall of Fame Resort & Entertainment (NASDAQ:HOFVFree Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 15,418 shares of the company’s stock, valued at approximately $55,000. Virtu Financial LLC owned about 0.24% of Hall of Fame Resort & Entertainment at the end of the most recent reporting period. Hedge funds and other institutional investors own 3.62% of the company’s stock.

About Hall of Fame Resort & Entertainment

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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.

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