Century Casinos (CNTY) Downgraded by Zacks Investment Research to Hold

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Century Casinos stock has undergone multiple analysts rating changes in the recent past.  Century Casinos Downgraded by Zacks Investment Research on 10/11/2021. In a note to investors, the firm issued a new rating of Hold. The analysts previously had rating of Strong-Buy.

Shares of Century Casinos traded down -$0.55 on Monday, reaching $13.86. 138976 shares of the stock traded hands, compared to its average volume of 132997. Shares of Century Casinos were trading at $13.86 on Monday. The firm’s 50 day moving average is $13.17 and its 200 day moving average is $11.38.Century Casinos has a 12 month low of $13.80 and a 12 month high of $15.84. While on yearly highs and lows, Century Casinos’s today has traded high as $14.63 and has touched $13.80 on the downward trend. See More Analyst Rating at: RATING

Century Casinos Earnings and What to expect: 

Century Casinos last released its quarterly earnings data on August 5th, 2021. The reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.19. The company had revenue of $92.19 million for the quarter, compared to analysts’ expectations of $86.90 million. Century Casinos has generated ($1.61) earnings per share over the last year ($0.52 diluted earnings per share) and currently has a price-to-earnings ratio of 26.7. Earnings for Century Casinos are expected to grow by 66.67% in the coming year, from $0.60 to $1.00 per share. Century Casinos has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Friday, November 5th, 2021 based off prior year’s report dates.

Earnings for Century Casinos are expected to grow by 66.67% in the coming year, from $0.60 to $1.00 per share. The P/E ratio of Century Casinos is 26.65, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.66. The P/E ratio of Century Casinos is 26.65, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 21.31. Century Casinos has a P/B Ratio of 3.23. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Century Casinos (CNTY) Moving Average Technical Analysis

5 day Moving Average is $14.22 And 5 day price change is -$0.35 (-2.46%)  with average volume for 5 day average is 191,960. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $13.52 and 20 day price change is $0.64 (4.84%) and average 20 day moving volume is 136,185. 50 day moving average is $13.17  and 50 day price change is $2.65 ( 23.64%)  and with average volume for 50 days is : 147,992. 200 day moving average is $11.38  and 200 day price change is $7.37 (113.56%)  and with average volume for 200 days is : 243,412.

Other owners latest trading in Century Casinos :

  • On 8/23/2021 shares held by Morgan Stanley were 59,361 which equates to market value of $0.80M and appx 0.00% owners of Century Casinos
  • On 8/17/2021 shares held by Wells Fargo & Company MN were 81,736 which equates to market value of $1.10M and appx 0.00% owners of Century Casinos
  • On 8/17/2021 shares held by Orchard Capital Managment LLC were 928,157 which equates to market value of $12.47M and appx 3.60% owners of Century Casinos
  • In total Institutional ownership equates to Institutional Ownership Percentage: 70.19% for Century Casinos

See More Analyst Rating at: RATING