Dover Motorsports (NYSE:DVD) posted its quarterly earnings data on Thursday. The company reported $0.15 earnings per share (EPS) for the quarter, reports. The business had revenue of $24.84 million during the quarter. Dover Motorsports had a return on equity of 7.05% and a net margin of 9.54%.

DVD stock traded up $0.07 during mid-day trading on Friday, reaching $2.00. The company had a trading volume of 11,913 shares, compared to its average volume of 13,641. The stock’s 50 day moving average is $2.00. The company has a market capitalization of $70.73 million, a P/E ratio of 16.08 and a beta of 0.18. Dover Motorsports has a 52 week low of $1.85 and a 52 week high of $2.25.

A hedge fund recently bought a new stake in Dover Motorsports stock. Municipal Employees Retirement System of Michigan purchased a new stake in Dover Motorsports, Inc. (NYSE:DVD) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 165,430 shares of the company’s stock, valued at approximately $311,000. Municipal Employees Retirement System of Michigan owned approximately 0.45% of Dover Motorsports as of its most recent SEC filing. 23.13% of the stock is owned by hedge funds and other institutional investors.

Separately, TheStreet downgraded Urban Outfitters from a “b-” rating to a “c+” rating in a report on Thursday, May 30th.

About Dover Motorsports

Dover Motorsports, Inc markets and promotes motorsports entertainment in the United States. It owns and operates Dover International Speedway in Dover, Delaware; and Nashville Superspeedway near Nashville, Tennessee. The company was formerly known as Dover Downs Entertainment, Inc Dover Motorsports, Inc was founded in 1969 and is based in Dover, Delaware.

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Earnings History for Dover Motorsports (NYSE:DVD)

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