Shares of Century Casinos, Inc. (NASDAQ:CNTY - Get Free Report) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $2.95 and traded as high as $3.16. Century Casinos shares last traded at $3.13, with a volume of 115,366 shares trading hands.
Analyst Upgrades and Downgrades
CNTY has been the topic of several recent research reports. Craig Hallum began coverage on Century Casinos in a research report on Tuesday, November 26th. They set a "buy" rating and a $8.00 price target on the stock. Stifel Nicolaus boosted their target price on shares of Century Casinos from $4.00 to $5.00 and gave the stock a "buy" rating in a research report on Tuesday, November 5th. JMP Securities upgraded shares of Century Casinos from a "market perform" rating to an "outperform" rating and set a $5.00 target price for the company in a research note on Tuesday, November 5th. Finally, StockNews.com raised shares of Century Casinos from a "sell" rating to a "hold" rating in a research note on Tuesday, November 5th. One analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, Century Casinos has an average rating of "Moderate Buy" and a consensus target price of $5.50.
Check Out Our Latest Report on CNTY
Century Casinos Stock Performance
The company has a debt-to-equity ratio of 6.58, a quick ratio of 1.74 and a current ratio of 1.79. The company has a market capitalization of $96.04 million, a PE ratio of -1.29 and a beta of 2.59. The company has a 50 day moving average price of $3.77 and a 200 day moving average price of $2.95.
Century Casinos (NASDAQ:CNTY - Get Free Report) last posted its quarterly earnings data on Monday, November 4th. The company reported ($0.26) EPS for the quarter, missing analysts' consensus estimates of ($0.24) by ($0.02). The company had revenue of $155.70 million for the quarter, compared to the consensus estimate of $158.10 million. Century Casinos had a negative net margin of 12.73% and a negative return on equity of 41.20%. During the same quarter last year, the company earned ($0.47) earnings per share. Equities analysts forecast that Century Casinos, Inc. will post -2.39 EPS for the current year.
Hedge Funds Weigh In On Century Casinos
Hedge funds have recently bought and sold shares of the company. Sei Investments Co. bought a new position in Century Casinos during the second quarter worth $32,000. Cubist Systematic Strategies LLC acquired a new stake in shares of Century Casinos during the second quarter worth $215,000. Squarepoint Ops LLC lifted its position in shares of Century Casinos by 64.0% in the 2nd quarter. Squarepoint Ops LLC now owns 117,072 shares of the company's stock worth $324,000 after buying an additional 45,695 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Century Casinos in the 2nd quarter valued at about $103,000. Finally, Rice Hall James & Associates LLC grew its position in shares of Century Casinos by 27.1% during the 3rd quarter. Rice Hall James & Associates LLC now owns 1,530,061 shares of the company's stock valued at $3,917,000 after buying an additional 325,890 shares during the last quarter. 66.36% of the stock is currently owned by institutional investors and hedge funds.
Century Casinos Company Profile
(
Get Free Report)
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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