Century Casinos, Inc. (NASDAQ:CNTY) issued its quarterly earnings results on Monday, August 7th. The company reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.10 by $0.03, Bloomberg Earnings reports. The business had revenue of $37.33 million for the quarter, compared to the consensus estimate of $38.10 million. Century Casinos had a return on equity of 6.07% and a net margin of 5.98%.
Shares of Century Casinos (NASDAQ:CNTY) traded up 4.21% on Friday, hitting $6.93. The company had a trading volume of 57,460 shares. The company has a 50 day moving average price of $7.27 and a 200 day moving average price of $7.49. The firm has a market capitalization of $169.56 million, a price-to-earnings ratio of 19.80 and a beta of -0.34. Century Casinos has a 1-year low of $6.00 and a 1-year high of $8.89.
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Large investors have recently modified their holdings of the stock. Vanguard Group Inc. increased its stake in shares of Century Casinos by 0.8% in the first quarter. Vanguard Group Inc. now owns 839,000 shares of the company’s stock worth $6,343,000 after buying an additional 6,960 shares during the period. Signia Capital Management LLC increased its stake in shares of Century Casinos by 38.8% in the first quarter. Signia Capital Management LLC now owns 216,246 shares of the company’s stock worth $1,635,000 after buying an additional 60,415 shares during the period. TIAA CREF Investment Management LLC increased its stake in shares of Century Casinos by 1.3% in the first quarter. TIAA CREF Investment Management LLC now owns 69,500 shares of the company’s stock worth $525,000 after buying an additional 912 shares during the period. SG Americas Securities LLC bought a new stake in shares of Century Casinos during the first quarter worth about $162,000. Finally, Stifel Financial Corp boosted its position in Century Casinos by 4.2% in the first quarter. Stifel Financial Corp now owns 13,836 shares of the company’s stock worth $105,000 after buying an additional 553 shares in the last quarter. Institutional investors and hedge funds own 72.95% of the company’s stock.
CNTY has been the subject of several recent analyst reports. TheStreet raised Century Casinos from a “c+” rating to a “b” rating in a report on Wednesday, April 26th. Stephens assumed coverage on Century Casinos in a research report on Tuesday, June 6th. They set an “equal weight” rating on the stock. Finally, Zacks Investment Research upgraded Century Casinos from a “sell” rating to a “hold” rating in a research report on Friday, July 7th.
About Century Casinos
Century Casinos, Inc is an international casino entertainment company. The Company develops and operates gaming establishments, as well as related lodging, restaurant and entertainment facilities around the world. Its segments include Canada, the United States, Poland, and Corporate and Other. The Canada segment consists of Century Casino & Hotel-Edmonton; Century Casino Calgary; Century Downs Racetrack and Casino, and Century Bets! Inc (Century Bets).
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