Hall of Fame Resort & Entertainment (NASDAQ:HOFV) Trading Down 3.8% – Here’s What Happened

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

Analyst Upgrades and Downgrades

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

Hall of Fame Resort & Entertainment Stock Down 3.8 %

The firm’s fifty day moving average is $1.11 and its two-hundred day moving average is $1.87. The firm has a market cap of $8.20 million, a P/E ratio of -0.14 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.