Hall of Fame Resort & Entertainment (NASDAQ:HOFV) Earns Hold Rating from Maxim Group

Posted by Teresa Graham on Oct 28th, 2024

Maxim Group reiterated their hold rating on shares of Hall of Fame Resort & Entertainment (NASDAQ:HOFV – Free Report) in a report published on Friday, Benzinga reports.

Hall of Fame Resort & Entertainment Stock Up 0.5 %

NASDAQ HOFV opened at $1.67 on Friday. The firm has a 50-day moving average price of $1.94 and a two-hundred day moving average price of $2.56. Hall of Fame Resort & Entertainment has a 12-month low of $1.59 and a 12-month high of $4.04. The company has a market capitalization of $10.93 million, a P/E ratio of -0.15 and a beta of 1.92.

Hall of Fame Resort & Entertainment (NASDAQ:HOFV – Get Free Report) last issued its quarterly earnings results on Monday, August 12th. The company reported ($2.41) earnings per share (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 during the quarter. During the same quarter last year, the firm posted ($2.39) earnings per share.

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 bought a new stake in Hall of Fame Resort & Entertainment (NASDAQ:HOFV – Free Report) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund 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 as of its most recent SEC filing. Hedge funds and other institutional investors own 3.62% of the company’s stock.

Hall of Fame Resort & Entertainment Company Profile

(Get Free Report)

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.