Shares of Century Casinos, Inc. (NASDAQ:CNTY - Get Free Report) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $2.27 and traded as high as $2.42. Century Casinos shares last traded at $2.41, with a volume of 91,352 shares trading hands.
Wall Street Analyst Weigh In
Several analysts recently commented on CNTY shares. JMP Securities set a $3.00 target price on shares of Century Casinos in a research note on Friday. Wall Street Zen raised shares of Century Casinos from a "sell" rating to a "hold" rating in a research note on Friday, April 11th. Finally, Citigroup reissued a "market outperform" rating on shares of Century Casinos in a research note on Friday. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $5.00.
View Our Latest Stock Analysis on CNTY
Century Casinos Trading Down 2.0%
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 firm has a market cap of $76.70 million, a PE ratio of -0.57 and a beta of 2.15. The company's 50-day moving average is $2.15 and its 200 day moving average is $2.27.
Century Casinos (NASDAQ:CNTY - Get Free Report) last issued its quarterly earnings results on Monday, May 12th. The company reported ($0.67) EPS for the quarter, missing the consensus estimate of ($0.56) by ($0.11). The firm had revenue of $130.44 million during the quarter, compared to analysts' expectations of $139.55 million. Century Casinos had a negative net margin of 23.71% and a negative return on equity of 81.24%. During the same quarter last year, the company posted ($0.46) EPS. As a group, sell-side analysts predict that Century Casinos, Inc. will post -2.66 EPS for the current year.
Institutional Inflows and Outflows
Several large investors have recently added to or reduced their stakes in CNTY. XTX Topco Ltd acquired a new position in Century Casinos in the 4th quarter valued at approximately $51,000. Raymond James Financial Inc. acquired a new position in Century Casinos in the 4th quarter valued at approximately $74,000. Marshall Wace LLP acquired a new position in Century Casinos in the 4th quarter valued at approximately $85,000. Wealthedge Investment Advisors LLC acquired a new position in Century Casinos in the 4th quarter valued at approximately $112,000. Finally, JB Capital Partners LP acquired a new position in Century Casinos in the 4th quarter valued at approximately $124,000. Institutional investors and hedge funds own 66.36% of the company's stock.
About Century Casinos
(
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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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