Central European Media Enterprises Ltd. (NASDAQ:CETV) was downgraded by research analysts at BidaskClub from a “buy” rating to a “hold” rating in a report released on Saturday.

Several other research firms also recently issued reports on CETV. Zacks Investment Research downgraded Central European Media Enterprises from a “buy” rating to a “sell” rating in a report on Monday, June 5th. TheStreet upgraded Central European Media Enterprises from a “d” rating to a “c” rating in a report on Wednesday, May 17th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and two have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $3.90.

Central European Media Enterprises (NASDAQ:CETV) opened at 4.25 on Friday. The company has a market cap of $615.59 million, a P/E ratio of 170.00 and a beta of 1.04. The stock’s 50 day moving average price is $4.18 and its 200-day moving average price is $3.52. Central European Media Enterprises has a 52-week low of $2.15 and a 52-week high of $4.55.

Central European Media Enterprises (NASDAQ:CETV) last posted its quarterly earnings data on Tuesday, July 25th. The company reported $0.07 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.04) by $0.11. The firm had revenue of $181.86 million for the quarter. Central European Media Enterprises had a negative return on equity of 18.46% and a net margin of 2.82%. On average, equities analysts predict that Central European Media Enterprises will post $0.09 earnings per share for the current fiscal year.

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In related news, insider Global Equity Master Fund Tcs sold 5,000,000 shares of the business’s stock in a transaction on Monday, July 10th. The stock was sold at an average price of $4.05, for a total value of $20,250,000.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 1.77% of the stock is currently owned by insiders.

Large investors have recently modified their holdings of the company. SG Americas Securities LLC bought a new stake in shares of Central European Media Enterprises during the first quarter valued at $109,000. Spark Investment Management LLC bought a new stake in shares of Central European Media Enterprises during the first quarter valued at $118,000. Goldman Sachs Group Inc. increased its stake in shares of Central European Media Enterprises by 71.0% in the first quarter. Goldman Sachs Group Inc. now owns 46,452 shares of the company’s stock valued at $144,000 after buying an additional 19,287 shares during the period. American International Group Inc. increased its stake in shares of Central European Media Enterprises by 7.1% in the first quarter. American International Group Inc. now owns 47,100 shares of the company’s stock valued at $146,000 after buying an additional 3,124 shares during the period. Finally, Metropolitan Life Insurance Co. NY bought a new stake in shares of Central European Media Enterprises during the fourth quarter valued at $122,000. Institutional investors own 28.33% of the company’s stock.

Central European Media Enterprises Company Profile

Central European Media Enterprises Ltd. (CME Ltd.) is a media and entertainment company operating in Central and Eastern Europe. The Company’s assets are held through a series of Dutch and Curacao holding companies. The Company manages its business on a geographical basis, with six segments: Bulgaria, Croatia, the Czech Republic, Romania, the Slovak Republic and Slovenia.

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