TheStreet upgraded shares of Central European Media Enterprises (NASDAQ:CETV) from a c+ rating to a b rating in a research report report published on Wednesday, TheStreetRatingsTable reports.

Separately, BidaskClub raised Central European Media Enterprises from a sell rating to a hold rating in a research report on Wednesday.

Shares of Central European Media Enterprises stock opened at $3.70 on Wednesday. The firm has a market capitalization of $953.26 million, a PE ratio of 14.50 and a beta of 1.16. The company has a quick ratio of 2.00, a current ratio of 2.00 and a debt-to-equity ratio of 3.15. Central European Media Enterprises has a 12 month low of $2.67 and a 12 month high of $4.25.

Central European Media Enterprises (NASDAQ:CETV) last issued its earnings results on Tuesday, April 30th. The company reported $0.03 EPS for the quarter. The business had revenue of $146.56 million during the quarter. Central European Media Enterprises had a return on equity of 53.69% and a net margin of 24.66%.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc boosted its position in Central European Media Enterprises by 6.3% during the third quarter. Vanguard Group Inc now owns 1,638,471 shares of the company’s stock valued at $6,145,000 after purchasing an additional 97,335 shares during the last quarter. Vanguard Group Inc. lifted its position in shares of Central European Media Enterprises by 6.3% in the third quarter. Vanguard Group Inc. now owns 1,638,471 shares of the company’s stock worth $6,145,000 after buying an additional 97,335 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Central European Media Enterprises by 20.2% in the first quarter. Geode Capital Management LLC now owns 1,249,000 shares of the company’s stock worth $4,971,000 after buying an additional 209,646 shares during the last quarter. Northern Trust Corp lifted its position in shares of Central European Media Enterprises by 0.7% in the first quarter. Northern Trust Corp now owns 1,110,631 shares of the company’s stock worth $4,421,000 after buying an additional 7,980 shares during the last quarter. Finally, Barclays PLC lifted its position in shares of Central European Media Enterprises by 444.2% in the fourth quarter. Barclays PLC now owns 766,914 shares of the company’s stock worth $2,132,000 after buying an additional 625,991 shares during the last quarter. 11.35% of the stock is owned by hedge funds and other institutional investors.

About Central European Media Enterprises

Central European Media Enterprises Ltd. operates as a media and entertainment company in Bulgaria, the Czech Republic, Romania, the Slovak Republic, and Slovenia. It broadcasts a total of 31 television channels, including general entertainment and other channels. The company also develops and produces content for television channels; and provides television content through various portals, including Voyo, a subscription video-on-demand service, and advertising supported catch-up services on its Websites, as well as operates a portfolio of digital media products that complement its news programming and other television station-related brands.

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