Maxim Group Reiterates Hold Rating for Hall of Fame Resort & Entertainment (NASDAQ:HOFV)

Hall of Fame Resort & Entertainment (NASDAQ:HOFV)‘s stock had its “hold” rating reissued by research analysts at Maxim Group in a research report issued on Friday, Benzinga reports.

Hall of Fame Resort & Entertainment Price Performance

Hall of Fame Resort & Entertainment stock opened at $1.67 on Friday. The business has a 50 day simple moving average of $1.94 and a 200-day simple moving average of $2.57. The stock has a market capitalization of $10.93 million, a PE ratio of -0.15 and a beta of 1.92. Hall of Fame Resort & Entertainment has a 12 month low of $1.59 and a 12 month high of $4.04.

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

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 acquired a new position in shares of Hall of Fame Resort & Entertainment (NASDAQ:HOFV) in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 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 as of its most recent filing with the SEC. Institutional investors and hedge funds own 3.62% of the company’s stock.

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.