Hall of Fame Resort & Entertainment (NASDAQ:HOFV) Stock Price Down 3.8% – Time to Sell?

Hall of Fame Resort & Entertainment (NASDAQ:HOFV) was down 3.8% during mid-day trading on Thursday . The stock 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 reissued a “hold” rating on shares of Hall of Fame Resort & Entertainment in a report on Friday, October 25th.

Hall of Fame Resort & Entertainment Price Performance

The company has a 50 day moving average of $1.11 and a 200-day moving average of $1.87. The company has a market cap of $8.20 million, a P/E ratio of -0.14 and a beta of 1.72.

About Hall of Fame Resort & Entertainment

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.