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

Century Casinos (NASDAQ:CNTYGet Rating) was downgraded by stock analysts at TheStreet from a “c” rating to a “d+” rating in a research report issued to clients and investors on Tuesday, TheStreetRatingsTable reports.

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

Century Casinos Stock Performance

Shares of CNTY stock opened at $7.98 on Tuesday. Century Casinos has a 1-year low of $6.10 and a 1-year high of $14.80. The company has a current ratio of 4.03, a quick ratio of 4.01 and a debt-to-equity ratio of 4.10. The company has a market capitalization of $238.31 million, a price-to-earnings ratio of 15.65 and a beta of 2.63. The stock’s fifty day simple moving average is $7.29 and its 200-day simple moving average is $7.74.

Institutional Trading of Century Casinos

Several large investors have recently made changes to their positions in the stock. Royce & Associates LP boosted its stake in shares of Century Casinos by 0.9% during the 3rd quarter. Royce & Associates LP now owns 2,614,163 shares of the company’s stock worth $17,149,000 after acquiring an additional 22,087 shares in the last quarter. AWM Investment Company Inc. lifted its position in shares of Century Casinos by 10.0% during the 2nd quarter. AWM Investment Company Inc. now owns 1,630,957 shares of the company’s stock worth $11,743,000 after purchasing an additional 147,969 shares during the last quarter. Rice Hall James & Associates LLC lifted its position in shares of Century Casinos by 0.5% during the 2nd quarter. Rice Hall James & Associates LLC now owns 1,503,473 shares of the company’s stock worth $10,825,000 after purchasing an additional 7,168 shares during the last quarter. Orchard Capital Managment LLC lifted its position in shares of Century Casinos by 6.7% during the 1st quarter. Orchard Capital Managment LLC now owns 1,009,557 shares of the company’s stock worth $12,064,000 after purchasing an additional 63,300 shares during the last quarter. Finally, Contrarian Capital Management L.L.C. lifted its position in shares of Century Casinos by 16.2% during the 2nd quarter. Contrarian Capital Management L.L.C. now owns 887,769 shares of the company’s stock worth $6,392,000 after purchasing an additional 124,061 shares during the last quarter. 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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