Century Casinos, Inc. (NASDAQ:CNTY - Get Free Report)'s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $2.39 and traded as high as $2.44. Century Casinos shares last traded at $2.27, with a volume of 67,991 shares trading hands.
Analyst Ratings Changes
CNTY has been the topic of a number of research analyst reports. Wall Street Zen raised shares of Century Casinos from a "sell" rating to a "hold" rating in a research note on Friday, April 11th. Stifel Nicolaus reduced their price target on shares of Century Casinos from $5.00 to $4.00 and set a "buy" rating on the stock in a research note on Friday, March 14th. JMP Securities reduced their price target on shares of Century Casinos from $4.00 to $3.00 and set a "market outperform" rating on the stock in a research note on Tuesday, May 13th. Finally, Macquarie reduced their price target on shares of Century Casinos from $6.00 to $5.00 and set an "outperform" rating on the stock in a research note on Friday, March 14th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $5.00.
Get Our Latest Stock Report on CNTY
Century Casinos Stock Up 6.2%
The company has a quick ratio of 1.38, a current ratio of 1.42 and a debt-to-equity ratio of 16.39. The stock has a market cap of $73.02 million, a price-to-earnings ratio of -0.54 and a beta of 2.14. The business's fifty day moving average is $1.88 and its two-hundred day moving average is $2.35.
Century Casinos (NASDAQ:CNTY - Get Free Report) last announced its quarterly earnings data on Monday, May 12th. The company reported ($0.67) earnings per share for the quarter, missing analysts' consensus estimates of ($0.56) by ($0.11). The business had revenue of $130.44 million during the quarter, compared to analyst estimates 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 firm posted ($0.46) EPS. Equities analysts forecast that Century Casinos, Inc. will post -2.66 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Royce & Associates LP grew its holdings in Century Casinos by 2.7% during the 4th quarter. Royce & Associates LP now owns 2,975,121 shares of the company's stock worth $9,639,000 after acquiring an additional 79,086 shares in the last quarter. AWM Investment Company Inc. grew its holdings in Century Casinos by 22.3% during the 1st quarter. AWM Investment Company Inc. now owns 2,062,804 shares of the company's stock worth $3,486,000 after acquiring an additional 375,761 shares in the last quarter. Cambridge Investment Research Advisors Inc. grew its holdings in Century Casinos by 21.1% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 760,800 shares of the company's stock worth $1,286,000 after acquiring an additional 132,700 shares in the last quarter. Millennium Management LLC grew its holdings in Century Casinos by 7.3% during the 4th quarter. Millennium Management LLC now owns 284,886 shares of the company's stock worth $923,000 after acquiring an additional 19,406 shares in the last quarter. Finally, Renaissance Technologies LLC grew 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 acquiring an additional 3,800 shares in the last quarter. Institutional investors and hedge funds 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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