Century Casinos (NASDAQ:CNTY - Free Report) had its price target cut by Macquarie from $6.00 to $5.00 in a report released on Friday,Benzinga reports. They currently have an outperform rating on the stock.
Several other brokerages have also recently commented on CNTY. JMP Securities reaffirmed a "market outperform" rating and set a $5.00 price objective on shares of Century Casinos in a research note on Monday, January 27th. Stifel Nicolaus cut their price target on shares of Century Casinos from $5.00 to $4.00 and set a "buy" rating for the company in a research note on Friday. Finally, Craig Hallum initiated coverage on shares of Century Casinos in a research note on Tuesday, November 26th. They issued a "buy" rating and a $8.00 price target for the company. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $5.50.
Check Out Our Latest Research Report on Century Casinos
Century Casinos Price Performance
NASDAQ:CNTY traded down $0.13 during mid-day trading on Friday, hitting $1.92. 73,642 shares of the stock traded hands, compared to its average volume of 116,778. The business's 50-day moving average price is $2.89 and its 200 day moving average price is $3.12. The company has a market cap of $58.91 million, a PE ratio of -0.79 and a beta of 2.71. Century Casinos has a 12-month low of $1.64 and a 12-month high of $5.09. The company has a quick ratio of 1.74, a current ratio of 1.79 and a debt-to-equity ratio of 6.58.
Institutional Investors Weigh In On Century Casinos
A number of institutional investors have recently made changes to their positions in CNTY. Empowered Funds LLC raised its holdings in Century Casinos by 5.2% during the 3rd quarter. Empowered Funds LLC now owns 75,727 shares of the company's stock valued at $194,000 after buying an additional 3,752 shares during the last quarter. Renaissance Technologies LLC raised its holdings in Century Casinos by 2.3% in the 4th quarter. Renaissance Technologies LLC now owns 170,949 shares of the company's stock worth $554,000 after purchasing an additional 3,800 shares in the last quarter. Geode Capital Management LLC raised its holdings in Century Casinos by 1.9% in the 3rd quarter. Geode Capital Management LLC now owns 283,618 shares of the company's stock worth $726,000 after purchasing an additional 5,220 shares in the last quarter. XTX Topco Ltd bought a new position in Century Casinos in the 4th quarter worth $51,000. Finally, Dimensional Fund Advisors LP increased its stake in shares of Century Casinos by 13.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 154,918 shares of the company's stock worth $501,000 after acquiring an additional 17,815 shares in the last quarter. Hedge funds and other institutional investors own 66.36% of the company's stock.
Century Casinos Company Profile
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Century Casinos, Inc operates as a casino entertainment company in the United States, Canada, and Poland. It develops and operates gaming establishments, as well as related lodging, restaurant, and horse racing including, off-track betting; and entertainment facilities. The company was founded in 1992 and is based in Colorado Springs, Colorado.
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