Century Casinos, Inc. (NASDAQ:CNTY) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of Century Casinos, Inc. (NASDAQ:CNTY) have been assigned a consensus recommendation of “Moderate Buy” from the five analysts that are currently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation and four have given a buy recommendation to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $3.6667.

CNTY has been the topic of several recent research reports. Stifel Nicolaus reduced their target price on shares of Century Casinos from $4.00 to $3.00 and set a “buy” rating on the stock in a report on Wednesday, November 12th. Weiss Ratings restated a “sell (d-)” rating on shares of Century Casinos in a report on Monday, December 29th.

Institutional Trading of Century Casinos

Several institutional investors have recently bought and sold shares of the company. CIBC Bancorp USA Inc. purchased a new position in shares of Century Casinos in the 3rd quarter worth $26,000. Franklin Resources Inc. purchased a new stake in shares of Century Casinos during the third quarter worth about $34,000. Legato Capital Management LLC purchased a new position in shares of Century Casinos in the fourth quarter worth $25,000. XTX Topco Ltd purchased a new stake in Century Casinos in the 2nd quarter worth $51,000. Finally, NewEdge Advisors LLC bought a new position in Century Casinos during the third quarter valued at approximately $117,000. 66.36% of the stock is owned by hedge funds and other institutional investors.

Century Casinos Trading Down 1.2%

NASDAQ:CNTY opened at $1.68 on Friday. The company has a market cap of $49.46 million, a PE ratio of -0.48 and a beta of 1.95. Century Casinos has a one year low of $1.23 and a one year high of $2.92. The firm has a 50-day moving average of $1.53 and a 200-day moving average of $1.92. The company has a debt-to-equity ratio of 83.68, a current ratio of 1.44 and a quick ratio of 1.39.

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.