Century Casinos, Inc. (NASDAQ:CNTY - Get Free Report)'s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $2.66 and traded as high as $2.94. Century Casinos shares last traded at $2.94, with a volume of 36,263 shares traded.
Analysts Set New Price Targets
Separately, Macquarie cut their price target on shares of Century Casinos from $5.00 to $4.00 and set an "outperform" rating for the company in a report on Friday, August 9th.
Read Our Latest Report on CNTY
Century Casinos Trading Up 5.0 %
The firm has a fifty day simple moving average of $2.47 and a two-hundred day simple moving average of $2.66. The stock has a market cap of $90.21 million, a PE ratio of -2.19 and a beta of 2.60. The company has a current ratio of 1.96, a quick ratio of 1.91 and a debt-to-equity ratio of 6.22.
Century Casinos (NASDAQ:CNTY - Get Free Report) last posted its quarterly earnings data on Thursday, August 8th. The company reported ($1.36) earnings per share for the quarter, missing the consensus estimate of ($0.40) by ($0.96). The company had revenue of $146.44 million for the quarter, compared to analysts' expectations of $154.60 million. Century Casinos had a negative net margin of 13.65% and a negative return on equity of 40.28%. During the same quarter last year, the business posted ($0.06) EPS. As a group, equities analysts expect that Century Casinos, Inc. will post -2.33 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Century Casinos
Several institutional investors have recently modified their holdings of the company. Sei Investments Co. bought a new stake in Century Casinos in the 2nd quarter worth approximately $32,000. Quadrature Capital Ltd purchased a new stake in shares of Century Casinos in the 1st quarter valued at $51,000. Virtu Financial LLC bought a new position in shares of Century Casinos during the 1st quarter valued at $66,000. Point72 Asia Singapore Pte. Ltd. purchased a new position in Century Casinos in the 2nd quarter worth $103,000. Finally, Empowered Funds LLC lifted its stake in Century Casinos by 8.1% in the first quarter. Empowered Funds LLC now owns 66,935 shares of the company's stock worth $212,000 after purchasing an additional 5,042 shares during the last quarter. 66.36% of the stock is currently owned by institutional investors.
About Century Casinos
(
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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