Central European Media Enterprises (CETV) Announces Quarterly Results
Central European Media Enterprises (NASDAQ:CETV) announced its earnings results on Wednesday. The company reported ($0.02) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.03) by $0.01, AmericanBankingNews.com reports.
CETV has been the subject of a number of recent research reports. Analysts at Thomson Reuters/Verus upgraded shares of Central European Media Enterprises from a “sell” rating to a “hold” rating in a research note to investors on Monday, October 21st. On the ratings front, analysts at Zacks downgraded shares of Central European Media Enterprises from a “neutral” rating to an “underperform” rating in a research note to investors on Monday, October 14th. They now have a $5.50 price target on the stock.
Shares of Central European Media Enterprises (NASDAQ:CETV) opened at 6.11 on Wednesday. Central European Media Enterprises has a 1-year low of $2.60 and a 1-year high of $7.83. The stock has a 50-day moving average of $4.09 and a 200-day moving average of $3.86. The company’s market cap is $821.7 million.
Central European Media Enterprises Ltd. (NASDAQ:CETV) is a media and entertainment company operating broadcast, content and new media businesses in Central and Eastern Europe.
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