BidaskClub upgraded shares of Century Casinos (NASDAQ:CNTY) from a strong sell rating to a sell rating in a report issued on Thursday morning, BidAskClub reports.

CNTY has been the subject of a number of other reports. Craig Hallum set a $12.00 price target on shares of Century Casinos and gave the company a buy rating in a report on Monday, June 17th. Zacks Investment Research downgraded shares of Century Casinos from a buy rating to a hold rating in a report on Wednesday, June 19th. Finally, TheStreet downgraded shares of Century Casinos from a b- rating to a c+ rating in a report on Wednesday, August 21st. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company’s stock. The company presently has an average rating of Hold and a consensus target price of $11.00.

Century Casinos stock traded up $0.17 during mid-day trading on Thursday, reaching $8.92. The company had a trading volume of 3,955 shares, compared to its average volume of 107,331. The company has a quick ratio of 1.07, a current ratio of 1.09 and a debt-to-equity ratio of 0.50. Century Casinos has a 52 week low of $5.77 and a 52 week high of $10.41. The company has a 50 day moving average of $8.50 and a 200-day moving average of $8.93. The firm has a market cap of $256.79 million, a price-to-earnings ratio of 81.09, a PEG ratio of 1.27 and a beta of 0.84.

Century Casinos (NASDAQ:CNTY) last issued its quarterly earnings results on Thursday, August 8th. The company reported ($0.02) earnings per share for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.08). Century Casinos had a net margin of 1.42% and a return on equity of 1.52%. The company had revenue of $52.45 million during the quarter, compared to the consensus estimate of $48.75 million. On average, analysts predict that Century Casinos will post 0.28 earnings per share for the current fiscal year.

In other news, VP Timothy Allen Wright sold 5,000 shares of the firm’s stock in a transaction dated Wednesday, September 11th. The shares were sold at an average price of $8.99, for a total transaction of $44,950.00. Following the completion of the transaction, the vice president now directly owns 5,000 shares of the company’s stock, valued at approximately $44,950. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 12.00% of the stock is currently owned by company insiders.

Several large investors have recently added to or reduced their stakes in CNTY. Janus Henderson Group PLC increased its position in shares of Century Casinos by 137.4% during the 2nd quarter. Janus Henderson Group PLC now owns 1,279,031 shares of the company’s stock worth $12,407,000 after purchasing an additional 740,226 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of Century Casinos during the 2nd quarter worth about $127,000. Strs Ohio increased its position in shares of Century Casinos by 176.2% during the 2nd quarter. Strs Ohio now owns 35,900 shares of the company’s stock worth $348,000 after purchasing an additional 22,900 shares in the last quarter. Rice Hall James & Associates LLC increased its position in shares of Century Casinos by 64.8% during the 2nd quarter. Rice Hall James & Associates LLC now owns 1,856,776 shares of the company’s stock worth $18,011,000 after purchasing an additional 729,755 shares in the last quarter. Finally, Russell Investments Group Ltd. increased its position in shares of Century Casinos by 7.4% during the 2nd quarter. Russell Investments Group Ltd. now owns 1,959,801 shares of the company’s stock worth $19,010,000 after purchasing an additional 135,673 shares in the last quarter. 80.56% of the stock is owned by institutional investors.

Century Casinos Company Profile

Century Casinos, Inc operates as a casino entertainment company worldwide. The company develops and operates gaming establishments, as well as related lodging, restaurant, horse racing, and entertainment facilities. It owns and operates casinos in North America, England, and Poland; a racetrack and entertainment center in Canada; and pari-mutuel off-track betting network in southern Alberta, Canada.

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