Hall of Fame Resort & Entertainment (NASDAQ:HOFV) Shares Up 3.6% – Here’s What Happened

Hall of Fame Resort & Entertainment (NASDAQ:HOFV)’s stock price rose 3.6% during trading on Monday . The company traded as high as $0.99 and last traded at $0.96. Approximately 22,716 shares traded hands during mid-day trading, an increase of 3% from the average daily volume of 22,143 shares. The stock had previously closed at $0.93.

Analyst Upgrades and Downgrades

Separately, Maxim Group restated 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’s 50 day simple moving average is $1.58 and its two-hundred day simple moving average is $2.28. The stock has a market capitalization of $6.28 million, a P/E ratio of -0.11 and a beta of 1.93.

Hedge Funds Weigh In On Hall of Fame Resort & Entertainment

A hedge fund recently bought a new stake in Hall of Fame Resort & Entertainment stock. Virtu Financial LLC bought a new stake in shares of Hall of Fame Resort & Entertainment (NASDAQ:HOFV) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 15,418 shares of the company’s stock, valued at approximately $55,000. Virtu Financial LLC owned 0.24% of Hall of Fame Resort & Entertainment as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds own 3.62% of the company’s stock.

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.