The 36-month beta value for HOFV is also noteworthy at 1.94. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for HOFV is 4.81M, and at present, short sellers hold a 9.05% of that float. The average trading volume of HOFV on November 04, 2024 was 19.36K shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
HOFV) stock’s latest price update
The stock price of Hall of Fame Resort & Entertainment Company (NASDAQ: HOFV) has dropped by -27.27 compared to previous close of 1.65. Despite this, the company has seen a fall of -28.06% in its stock price over the last five trading days. prnewswire.com reported 2024-09-20 that CANTON, Ohio, Sept. 20, 2024 /PRNewswire/ — Hall of Fame Village Media, in partnership with ReachTV, is proud to launch Hometown Heroes, offering viewers a rare glimpse into a day in the life of high-level athletes from various sports.
HOFV’s Market Performance
Hall of Fame Resort & Entertainment Company (HOFV) has seen a -28.06% fall in stock performance for the week, with a -36.17% decline in the past month and a -47.60% plunge in the past quarter. The volatility ratio for the week is 11.69%, and the volatility levels for the past 30 days are at 6.78% for HOFV. The simple moving average for the past 20 days is -30.28% for HOFV’s stock, with a -57.11% simple moving average for the past 200 days.
HOFV Trading at -35.93% 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 -70.29% of loss for the given period.
Volatility was left at 6.78%, however, over the last 30 days, the volatility rate increased by 11.69%, as shares sank -35.83% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -48.94% lower at present.
During the last 5 trading sessions, HOFV fell by -28.06%, which changed the moving average for the period of 200-days by -63.96% in comparison to the 20-day moving average, which settled at $1.7212. In addition, Hall of Fame Resort & Entertainment Company saw -63.08% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at HOFV starting from Van Buiten John, who sale 75 shares at the price of $3.30 back on Dec 26 ’23. After this action, Van Buiten John now owns 2,548 shares of Hall of Fame Resort & Entertainment Company, valued at $248 using the latest closing price.
Stock Fundamentals for HOFV
Current profitability levels for the company are sitting at:
- -1.35 for the present operating margin
- 0.38 for the gross margin
The net margin for Hall of Fame Resort & Entertainment Company stands at -2.78. The total capital return value is set at -0.08. Equity return is now at value -50.92, with -14.90 for asset returns.
Based on Hall of Fame Resort & Entertainment Company (HOFV), the company’s capital structure generated 0.7 points at debt to capital in total, while cash flow to debt ratio is standing at -0.06. The debt to equity ratio resting at 2.31. The interest coverage ratio of the stock is -1.16.
Currently, EBITDA for the company is -25.53 million with net debt to EBITDA at -20.46. When we switch over and look at the enterprise to sales, we see a ratio of 12.69. The receivables turnover for the company is 21.01for trailing twelve months and the total asset turnover is 0.05. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.37.
Conclusion
In summary, Hall of Fame Resort & Entertainment Company (HOFV) has had a bad performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
