Hall of Fame Resort & Entertainment (NASDAQ:HOFV) Stock Price Down 2.3% – Here’s Why

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

Hall of Fame Resort & Entertainment Price Performance

The stock has a market cap of $5.56 million, a price-to-earnings ratio of -0.10 and a beta of 2.09. The firm’s 50-day moving average is $0.92 and its 200 day moving average is $1.17.

Hall of Fame Resort & Entertainment (NASDAQ:HOFV) last released its quarterly earnings data 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 firm had revenue of $4.81 million during 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.