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

Maxim Group restated their hold rating on shares of Hall of Fame Resort & Entertainment (NASDAQ:HOFVFree Report) in a research note issued to investors on Friday, Benzinga reports.

Hall of Fame Resort & Entertainment Trading Up 0.7 %

Shares of HOFV stock opened at $1.68 on Friday. The company has a market capitalization of $11.00 million, a P/E ratio of -0.16 and a beta of 1.92. The business’s 50 day moving average is $1.93 and its two-hundred day moving average is $2.55. 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:HOFVGet Free Report) last posted 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 firm had revenue of $4.70 million during the quarter. During the same period in the prior year, the business posted ($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 stake in Hall of Fame Resort & Entertainment (NASDAQ:HOFVFree Report) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund 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 at the end of the most recent quarter. 3.62% of the stock is currently owned by institutional investors.

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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