Hall of Fame Resort & Entertainment (NASDAQ:HOFV) Stock Price Down 0% – Time to Sell?

Hall of Fame Resort & Entertainment (NASDAQ:HOFV) was down 0% during mid-day trading on Friday . The company traded as low as $0.86 and last traded at $0.86. Approximately 10,448 shares changed hands during trading, a decline of 85% from the average daily volume of 67,596 shares. The stock had previously closed at $0.86.

Hall of Fame Resort & Entertainment Stock Performance

The company has a market capitalization of $5.73 million, a PE ratio of -0.10 and a beta of 2.23. The business’s 50-day moving average is $0.82 and its 200-day moving average is $0.99.

Hall of Fame Resort & Entertainment (NASDAQ:HOFV) last issued its quarterly earnings results on Tuesday, May 13th. The company reported ($2.30) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($2.23) by ($0.07). The business had revenue of $2.95 million for the quarter, compared to analysts’ expectations of $3.75 million. Hall of Fame Resort & Entertainment had a negative net margin of 242.80% and a negative return on equity of 47.15%.

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.