Century Casinos, Inc. (NASDAQ:CNTY) Receives $3.67 Average PT from Analysts

Century Casinos, Inc. (NASDAQ:CNTY) has been given a consensus rating of “Moderate Buy” by the five ratings firms that are covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell rating and four have assigned a buy rating to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $3.6667.

Several analysts have commented on CNTY shares. Weiss Ratings restated a “sell (d-)” rating on shares of Century Casinos in a report on Monday, December 29th. Stifel Nicolaus decreased their target price on shares of Century Casinos from $4.00 to $3.00 and set a “buy” rating on the stock in a research report on Wednesday, November 12th.

Hedge Funds Weigh In On Century Casinos

A number of hedge funds have recently made changes to their positions in the stock. AWM Investment Company Inc. increased its holdings in shares of Century Casinos by 6.4% during the 2nd quarter. AWM Investment Company Inc. now owns 2,195,549 shares of the company’s stock worth $4,644,000 after buying an additional 132,745 shares during the last quarter. Veradace Capital Management LLC purchased a new stake in Century Casinos during the fourth quarter valued at about $2,076,000. Rice Hall James & Associates LLC increased its stake in Century Casinos by 0.6% during the fourth quarter. Rice Hall James & Associates LLC now owns 1,484,642 shares of the company’s stock worth $1,975,000 after acquiring an additional 9,041 shares during the last quarter. Prescott Group Capital Management L.L.C. acquired a new stake in Century Casinos during the fourth quarter worth about $508,000. Finally, Renaissance Technologies LLC raised its holdings in shares of Century Casinos by 58.5% in the 4th quarter. Renaissance Technologies LLC now owns 287,849 shares of the company’s stock worth $383,000 after purchasing an additional 106,200 shares during the period. Institutional investors and hedge funds own 66.36% of the company’s stock.

Century Casinos Trading Down 8.9%

Century Casinos stock traded down $0.14 during trading on Friday, hitting $1.44. The company’s stock had a trading volume of 67,970 shares, compared to its average volume of 34,394. The stock’s fifty day moving average is $1.55 and its 200 day moving average is $1.89. Century Casinos has a 1-year low of $1.23 and a 1-year high of $2.85. The stock has a market capitalization of $42.39 million, a price-to-earnings ratio of -0.41 and a beta of 1.90. The company has a debt-to-equity ratio of 83.68, a quick ratio of 1.39 and a current ratio of 1.44.

About Century Casinos

Century Casinos, Inc is an international gaming and entertainment company that owns and operates casino properties across North America and Europe. The company offers a full range of gaming services, including slot machines, table games, poker rooms and sports wagering, complemented by hotel accommodations, food and beverage outlets, live entertainment and meeting facilities.

In the United States, Century Casinos’ portfolio includes Century Casino & Hotel Cripple Creek and Century Casino & Hotel Central City in Colorado, as well as Century Casino Cape Girardeau in Missouri.