Hall of Fame Resort & Entertainment (NASDAQ:HOFV) Stock Price Down 2.3% – What’s Next?

Hall of Fame Resort & Entertainment (NASDAQ:HOFV)’s stock price dropped 2.3% on Wednesday . The stock traded as low as $0.81 and last traded at $0.81. Approximately 4,648 shares were traded during mid-day trading, a decline of 82% from the average daily volume of 25,930 shares. The stock had previously closed at $0.83.

Hall of Fame Resort & Entertainment Stock Down 2.3 %

The stock has a market capitalization of $5.43 million, a price-to-earnings ratio of -0.09 and a beta of 2.09. The business’s 50-day moving average is $0.92 and its two-hundred day moving average is $1.18.

Hall of Fame Resort & Entertainment (NASDAQ:HOFV) last posted its quarterly earnings results on Wednesday, March 26th. The company reported ($3.30) EPS for the quarter, missing the consensus estimate of ($2.04) by ($1.26). Hall of Fame Resort & Entertainment had a negative net margin of 242.80% and a negative return on equity of 47.15%. The company had revenue of $4.81 million during the quarter, compared to analyst estimates of $4.92 million.

About Hall of Fame Resort & Entertainment

Hall of Fame Resort & Entertainment Co is a resort and entertainment company, which leverages the power and popularity of professional football and its legendary players in partnership with the Pro Football Hall of Fame. The company was founded in 2015 and is headquartered in Canton, OH.