Central European Media Enterprises (NASDAQ:CETV) was downgraded by stock analysts at BidaskClub from a “hold” rating to a “sell” rating in a research report issued on Thursday, BidAskClub reports.

Separately, TheStreet upgraded Central European Media Enterprises from a “c+” rating to a “b” rating in a report on Wednesday, May 15th.

Central European Media Enterprises stock opened at $3.65 on Thursday. The stock has a market capitalization of $922.91 million, a PE ratio of 14.23 and a beta of 1.16. The company has a current ratio of 2.00, a quick 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 released its quarterly earnings data on Tuesday, April 30th. The company reported $0.03 EPS for the quarter. The company had revenue of $146.56 million for the quarter. Central European Media Enterprises had a return on equity of 53.69% and a net margin of 24.66%.

Several large investors have recently made changes to their positions in the stock. Northern Trust Corp raised its holdings in shares of Central European Media Enterprises by 0.7% during the 1st quarter. Northern Trust Corp now owns 1,110,631 shares of the company’s stock valued at $4,421,000 after buying an additional 7,980 shares during the period. Prudential Financial Inc. purchased a new stake in shares of Central European Media Enterprises during the 4th quarter valued at about $30,000. Acadian Asset Management LLC raised its holdings in shares of Central European Media Enterprises by 102.9% during the 4th quarter. Acadian Asset Management LLC now owns 23,627 shares of the company’s stock valued at $66,000 after buying an additional 11,981 shares during the period. SG Americas Securities LLC purchased a new stake in shares of Central European Media Enterprises during the 4th quarter valued at about $35,000. Finally, Amalgamated Bank purchased a new stake in shares of Central European Media Enterprises during the 4th quarter valued at about $37,000. Institutional investors and hedge funds own 11.35% of the company’s stock.

Central European Media Enterprises Company Profile

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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