Century Casinos (NASDAQ:CNTY) was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating in a research note issued to investors on Tuesday, February 6th.
Several other equities analysts have also issued reports on CNTY. Stifel Nicolaus initiated coverage on shares of Century Casinos in a report on Wednesday, January 10th. They issued a “buy” rating and a $13.00 target price on the stock. Zacks Investment Research upgraded shares of Century Casinos from a “sell” rating to a “hold” rating in a report on Tuesday, January 30th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $10.58.
Shares of Century Casinos (NASDAQ:CNTY) traded down $0.07 during trading on Tuesday, hitting $8.65. 85,900 shares of the company traded hands, compared to its average volume of 96,120. The company has a market capitalization of $250.46, a PE ratio of 15.03 and a beta of -0.23. The company has a current ratio of 1.75, a quick ratio of 1.73 and a debt-to-equity ratio of 0.33. Century Casinos has a one year low of $6.28 and a one year high of $9.85.
Hedge funds have recently modified their holdings of the business. Rhumbline Advisers grew its position in shares of Century Casinos by 39.5% during the 2nd quarter. Rhumbline Advisers now owns 23,414 shares of the company’s stock valued at $173,000 after acquiring an additional 6,625 shares during the period. Prudential Financial Inc. grew its position in shares of Century Casinos by 4.7% during the 2nd quarter. Prudential Financial Inc. now owns 75,280 shares of the company’s stock valued at $554,000 after acquiring an additional 3,400 shares during the period. Teachers Advisors LLC grew its position in shares of Century Casinos by 10.8% during the 2nd quarter. Teachers Advisors LLC now owns 37,554 shares of the company’s stock valued at $277,000 after acquiring an additional 3,668 shares during the period. Thrivent Financial For Lutherans bought a new position in shares of Century Casinos during the 2nd quarter valued at approximately $288,000. Finally, New York State Common Retirement Fund grew its position in shares of Century Casinos by 7.0% during the 2nd quarter. New York State Common Retirement Fund now owns 404,934 shares of the company’s stock valued at $2,984,000 after acquiring an additional 26,338 shares during the period. 63.74% of the stock is owned by institutional investors and hedge funds.
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Century Casinos Company Profile
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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