Hall of Fame Resort & Entertainment Company (NASDAQ:HOFV) has a beta value of 0 and has seen 7,237,486 shares traded in the last trading session. The company, currently valued at $386.25 Million, closed the last trade at $4.1 per share which meant it lost -$0.23 on the day or -5.31% during that session. The HOFV stock price is -258.54% off its 52-week high price of $14.7 and 73.41% above the 52-week low of $1.09. If we look at the company’s 10-day average daily trading volume, we find that it stood at 53.86 Million shares traded. The 3-month trading volume is 23.3 Million shares.
The consensus among analysts is that Hall of Fame Resort & Entertainment Company (HOFV) is a Buy stock at the moment, with a recommendation rating of 2. None of the analysts rate the stock as a Sell, while none rate it as Overweight. None out of 1 have rated it as a Hold, with 1 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is -$0.14.
Hall of Fame Resort & Entertainment Company (NASDAQ:HOFV) trade information
Despite being -5.31% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on Thursday, Apr 29 when the HOFV stock price touched $4.43-7 or saw a rise of 7.45%. Year-to-date, Hall of Fame Resort & Entertainment Company shares have moved 233.33%, while the 5-day performance has seen it change 6.22%. Over the past 30 days, the shares of Hall of Fame Resort & Entertainment Company (NASDAQ:HOFV) have changed -25.45%. Short interest in the company has seen 6.62 Million shares shorted with days to cover at 0.28.
Wall Street analysts have a consensus price target for the stock at $5, which means that the shares’ value could jump 21.95% from current levels. The projected low price target is $5 while the price target rests at a high of $5. In that case, then, we find that the current price level is +21.95% off the targeted high while a plunge would see the stock lose 21.95% from current levels.
Hall of Fame Resort & Entertainment Company (HOFV) estimates and forecasts
Earnings growth for 2021 is a modest -960.6%.
Hall of Fame Resort & Entertainment Company (NASDAQ:HOFV)’s Major holders
Insiders own 40.2% of the company shares, while shares held by institutions stand at 6.82% with a share float percentage of 11.41%. Investors are also buoyed by the number of investors in a company, with Hall of Fame Resort & Entertainment Company having a total of 33 institutions that hold shares in the company. The top two institutional holders are Vanguard Group Inc. (The) with over 419.18 Thousand shares worth more than $515.59 Thousand. As of December 30, 2020, Vanguard Group Inc. (The) held 0.44% of shares outstanding.
The other major institutional holder is Geode Capital Management, LLC, with the holding of over 349.16 Thousand shares as of December 30, 2020. The firm’s total holdings are worth over $429.47 Thousand and represent 0.37% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Fidelity NASDAQ Composite Index Fund. As of December 30, 2020, the former fund manager holds about 0.33% shares in the company for having 309054 shares of worth $380.14 Thousand while later fund manager owns 250.23 Thousand shares of worth $573.03 Thousand as of February 27, 2021, which makes it owner of about 0.27% of company’s outstanding stock.