Century Casinos (NASDAQ:CNTY) Upgraded at StockNews.com

StockNews.com upgraded shares of Century Casinos (NASDAQ:CNTY) from a sell rating to a hold rating in a report issued on Friday.

A number of other equities analysts have also recently weighed in on the stock. JMP Securities reaffirmed a “market outperform” rating and set a $5.00 price target on shares of Century Casinos in a research note on Monday, January 27th. Macquarie dropped their target price on shares of Century Casinos from $6.00 to $5.00 and set an “outperform” rating for the company in a report on Friday, March 14th. Finally, Stifel Nicolaus reduced their price target on shares of Century Casinos from $5.00 to $4.00 and set a “buy” rating for the company in a research report on Friday, March 14th. One analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $5.50.

Century Casinos Price Performance

Century Casinos stock opened at $1.40 on Friday. The company has a debt-to-equity ratio of 6.58, a current ratio of 1.79 and a quick ratio of 1.74. The business has a 50 day simple moving average of $2.32 and a 200-day simple moving average of $3.00. Century Casinos has a 12 month low of $1.33 and a 12 month high of $5.09. The stock has a market capitalization of $42.96 million, a PE ratio of -0.58 and a beta of 2.51.

Institutional Trading of Century Casinos

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Wealthedge Investment Advisors LLC bought a new position in Century Casinos during the fourth quarter worth $112,000. AWM Investment Company Inc. lifted its position in shares of Century Casinos by 2.6% in the 4th quarter. AWM Investment Company Inc. now owns 1,687,043 shares of the company’s stock worth $5,466,000 after buying an additional 43,006 shares during the last quarter. Millennium Management LLC boosted its holdings in shares of Century Casinos by 7.3% in the 4th quarter. Millennium Management LLC now owns 284,886 shares of the company’s stock valued at $923,000 after buying an additional 19,406 shares during the period. Jane Street Group LLC grew its position in shares of Century Casinos by 120.4% during the 4th quarter. Jane Street Group LLC now owns 61,578 shares of the company’s stock valued at $200,000 after buying an additional 33,635 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in Century Casinos by 13.0% during the fourth quarter. Dimensional Fund Advisors LP now owns 154,918 shares of the company’s stock worth $501,000 after acquiring an additional 17,815 shares during the period. Institutional investors own 66.36% of the company’s stock.

Century Casinos Company Profile

Century Casinos, Inc operates as a casino entertainment company in the United States, Canada, and Poland. It develops and operates gaming establishments, as well as related lodging, restaurant, and horse racing including, off-track betting; and entertainment facilities. The company was founded in 1992 and is based in Colorado Springs, Colorado.