Hall of Fame Resort & Entertainment (NASDAQ:HOFV) Trading Down 2.3% – Here’s What Happened

Hall of Fame Resort & Entertainment (NASDAQ:HOFV) dropped 2.3% during trading on Wednesday . The company traded as low as $0.81 and last traded at $0.81. Approximately 4,648 shares changed hands during 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 Up 2.4 %

The firm has a market capitalization of $5.56 million, a PE ratio of -0.10 and a beta of 2.09. The firm’s 50 day moving average price is $0.92 and its two-hundred day moving average price is $1.17.

Hall of Fame Resort & Entertainment (NASDAQ:HOFV) last announced its earnings results on Wednesday, March 26th. The company reported ($3.30) earnings per share 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 business had revenue of $4.81 million for the quarter, compared to analyst estimates of $4.92 million.

Hall of Fame Resort & Entertainment Company Profile

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.