Century Casinos, Inc. (NASDAQ:CNTY - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $2.24 and traded as high as $2.56. Century Casinos shares last traded at $2.56, with a volume of 33,470 shares trading hands.
Analyst Upgrades and Downgrades
A number of research firms recently issued reports on CNTY. Wall Street Zen raised shares of Century Casinos from a "sell" rating to a "hold" rating in a research note on Friday, April 11th. Citigroup reaffirmed a "market outperform" rating on shares of Century Casinos in a report on Friday, July 18th. Finally, JMP Securities set a $3.00 target price on shares of Century Casinos in a research note on Friday, July 18th. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $5.00.
Read Our Latest Research Report on CNTY
Century Casinos Price Performance
The firm has a market cap of $78.54 million, a price-to-earnings ratio of -0.58 and a beta of 2.15. The company has a current ratio of 1.42, a quick ratio of 1.38 and a debt-to-equity ratio of 16.39. The stock's fifty day moving average price is $2.24 and its 200-day moving average price is $2.24.
Century Casinos (NASDAQ:CNTY - Get Free Report) last announced its earnings results on Monday, May 12th. The company reported ($0.67) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.56) by ($0.11). Century Casinos had a negative net margin of 23.71% and a negative return on equity of 81.24%. The firm had revenue of $130.44 million during the quarter, compared to analysts' expectations of $139.55 million. During the same period in the previous year, the firm earned ($0.46) EPS. As a group, equities research analysts forecast that Century Casinos, Inc. will post -2.66 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Century Casinos
Several institutional investors and hedge funds have recently modified their holdings of the company. AWM Investment Company Inc. grew its position in Century Casinos by 22.3% in the 1st quarter. AWM Investment Company Inc. now owns 2,062,804 shares of the company's stock valued at $3,486,000 after acquiring an additional 375,761 shares in the last quarter. Cambridge Investment Research Advisors Inc. boosted its stake in shares of Century Casinos by 21.1% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 760,800 shares of the company's stock valued at $1,286,000 after purchasing an additional 132,700 shares during the period. Millennium Management LLC boosted its stake in shares of Century Casinos by 7.3% in the fourth quarter. Millennium Management LLC now owns 284,886 shares of the company's stock valued at $923,000 after purchasing an additional 19,406 shares during the period. Renaissance Technologies LLC lifted its holdings in Century Casinos by 2.3% during the 4th quarter. Renaissance Technologies LLC now owns 170,949 shares of the company's stock worth $554,000 after buying an additional 3,800 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in Century Casinos by 13.0% during the 4th quarter. Dimensional Fund Advisors LP now owns 154,918 shares of the company's stock worth $501,000 after buying 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
(
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.
Further Reading
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