Century Casinos (NASDAQ:CNTY) Downgraded to D+ at TheStreet

TheStreet cut shares of Century Casinos (NASDAQ:CNTYGet Rating) from a c rating to a d+ rating in a report published on Tuesday, TheStreetRatingsTable reports.

A number of other brokerages also recently commented on CNTY. StockNews.com downgraded Century Casinos from a strong-buy rating to a buy rating in a research note on Tuesday, November 8th. B. Riley lowered their target price on Century Casinos from $16.00 to $13.00 in a research note on Monday, November 7th. Stifel Nicolaus decreased their price target on Century Casinos from $20.00 to $13.00 in a research note on Monday, August 8th. Finally, JMP Securities decreased their price target on Century Casinos from $15.00 to $13.00 and set a market outperform rating for the company in a research note on Monday, November 7th. Four analysts have rated the stock with a buy rating, Based on data from MarketBeat, Century Casinos currently has a consensus rating of Buy and an average target price of $13.00.

Century Casinos Stock Performance

Shares of NASDAQ CNTY opened at $7.98 on Tuesday. The business’s 50-day moving average price is $7.30 and its two-hundred day moving average price is $7.74. The company has a debt-to-equity ratio of 4.10, a current ratio of 4.03 and a quick ratio of 4.01. Century Casinos has a one year low of $6.10 and a one year high of $14.80. The company has a market capitalization of $238.28 million, a P/E ratio of 15.65 and a beta of 2.63.

Institutional Trading of Century Casinos

Hedge funds have recently added to or reduced their stakes in the business. Amalgamated Bank bought a new stake in Century Casinos during the 1st quarter valued at approximately $53,000. Lazard Asset Management LLC boosted its stake in Century Casinos by 98.1% during the 2nd quarter. Lazard Asset Management LLC now owns 9,072 shares of the company’s stock valued at $65,000 after purchasing an additional 4,492 shares during the period. BNP Paribas Arbitrage SA boosted its stake in Century Casinos by 49.9% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 9,486 shares of the company’s stock valued at $68,000 after purchasing an additional 3,157 shares during the period. New York State Common Retirement Fund boosted its stake in Century Casinos by 61.7% during the 3rd quarter. New York State Common Retirement Fund now owns 9,829 shares of the company’s stock valued at $64,000 after purchasing an additional 3,750 shares during the period. Finally, Jane Street Group LLC bought a new stake in Century Casinos during the 2nd quarter valued at approximately $101,000. Institutional investors own 70.26% of the company’s stock.

Century Casinos Company Profile

(Get Rating)

Century Casinos, Inc is an international casino entertainment company, which engages in the development and operation of gaming establishments, lodging, restaurant, horse racing, and entertainment facilities. It operates through the following segments: Canada, United States, Poland, and Corporate and Other.

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