Hall of Fame Resort & Entertainment Company (NASDAQ:HOFV) went down by -1.74% from its latest closing price compared to the recent 1-year high of $12.31. The company’s stock price has collected -8.13% of loss in the last five trading sessions. Press Release reported on 02/24/21 that Hall of Fame Resort and Entertainment Company Announces Release Date for Fourth Quarter 2020 Results and Presentation at the 2021 Maxim Group Emerging Growth Conference
Is It Worth Investing in Hall of Fame Resort & Entertainment Company (NASDAQ :HOFV) Right Now?
Opinions of the stock are interesting as 1 analysts out of 1 who provided ratings for Hall of Fame Resort & Entertainment Company declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $5.00. HOFV currently public float of 16.87M and currently shorts hold a 27.45% ratio of that float. Today, the average trading volume of HOFV was 4.90M shares.
HOFV’s Market Performance
HOFV stocks went down by -8.13% for the week, with a monthly drop of -5.04% and a quarterly performance of 54.79%, while its annual performance rate touched -69.49%. The volatility ratio for the week stands at 8.54% while the volatility levels for the past 30 days are set at 10.54% for Hall of Fame Resort & Entertainment Company. The simple moving average for the period of the last 20 days is -14.73% for HOFV stocks with a simple moving average of -41.72% for the last 200 days.
HOFV Trading at 7.03% from the 50-Day Moving Average
After a stumble in the market that brought HOFV to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -81.64% of loss for the given period.
Volatility was left at 10.54%, however, over the last 30 days, the volatility rate increased by 8.54%, as shares sank -7.38% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +64.96% upper at present.
During the last 5 trading sessions, HOFV fell by -8.13%, which changed the moving average for the period of 200-days by -79.08% in comparison to the 20-day moving average, which settled at $2.64. In addition, Hall of Fame Resort & Entertainment Company saw 83.74% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at HOFV starting from Dennis David, who purchase 17,000 shares at the price of $2.45 back on Feb 12. After this action, Dennis David now owns 42,000 shares of Hall of Fame Resort & Entertainment Company, valued at $41,650 using the latest closing price.
Buzzelli Anthony J., the Director of Hall of Fame Resort & Entertainment Company, purchase 10,000 shares at $2.45 during a trade that took place back on Feb 12, which means that Buzzelli Anthony J. is holding 47,000 shares at $24,500 based on the most recent closing price.
Stock Fundamentals for HOFV
The total capital return value is set at -1.20, while invested capital returns managed to touch 0.70. Equity return is now at value -64.30, with -44.50 for asset returns.
Based on Hall of Fame Resort & Entertainment Company (HOFV), the company’s capital structure generated 2.76 points at debt to equity in total, while total debt to capital is 2.69. Total debt to assets is 2.57, with long-term debt to equity ratio resting at 2.76. Finally, the long-term debt to capital ratio is 2.69.
The liquidity ratio also appears to be rather interesting for investors as it stands at 0.04.