Century Casinos Inc. (CNTY) Shares Up 5%
Century Casinos Inc. (NASDAQ:CNTY) shares shot up 5% on Friday . The stock traded as high as $6.50 and last traded at $6.35, with a volume of 136,612 shares trading hands. The stock had previously closed at $6.05.
Several brokerages recently weighed in on CNTY. Vetr downgraded shares of Century Casinos from a “strong-buy” rating to a “buy” rating and set a $7.47 target price for the company. in a research note on Wednesday, April 6th. Zacks Investment Research raised shares of Century Casinos from a “sell” rating to a “hold” rating in a research note on Wednesday.
The company has a market capitalization of $155.14 million and a P/E ratio of 12.96. The company’s 50-day moving average price is $5.90 and its 200-day moving average price is $6.36.
Century Casinos (NASDAQ:CNTY) last announced its earnings results on Friday, May 6th. The company reported $0.08 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.10 by $0.02. The company earned $32.50 million during the quarter, compared to analyst estimates of $34.50 million. On average, analysts forecast that Century Casinos Inc. will post $0.42 earnings per share for the current year.
A hedge fund recently bought a new stake in Century Casinos stock. EAM Investors LLC purchased a new position in shares of Century Casinos Inc. (NASDAQ:CNTY) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 228,914 shares of the company’s stock, valued at approximately $1,781,000. EAM Investors LLC owned 0.94% of Century Casinos at the end of the most recent quarter.
Century Casinos, Inc is an international casino entertainment company. The Company develops and operates gaming establishments, as well as related lodging, restaurant and entertainment facilities around the world. Its segments include Canada, the United States, Poland, and Corporate and Other. The Canada segment consists of Century Casino & Hotel-Edmonton; Century Casino Calgary; Century Downs Racetrack and Casino, and Century Bets! Inc (Century Bets).
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