Hall of Fame Resort & Entertainment (NASDAQ:HOFV) Shares Down 3.8% – What’s Next?

Hall of Fame Resort & Entertainment (NASDAQ:HOFV) dropped 3.8% on Thursday . The company traded as low as $1.17 and last traded at $1.25. Approximately 12,458 shares traded hands during mid-day trading, a decline of 60% from the average daily volume of 31,431 shares. The stock had previously closed at $1.30.

Wall Street Analyst Weigh In

Separately, Maxim Group reaffirmed a “hold” rating on shares of Hall of Fame Resort & Entertainment in a research note on Friday, October 25th.

Hall of Fame Resort & Entertainment Price Performance

The stock’s fifty day simple moving average is $1.11 and its 200-day simple moving average is $1.85. The company has a market capitalization of $7.21 million, a P/E ratio of -0.13 and a beta of 1.72.

Hall of Fame Resort & Entertainment Company Profile

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.