According to Zacks, “Century Casinos,Inc. & its subsidiaries,own & operate a limited-stakes gaming casino in Cripple Creek,Colorado & are pursuing a number of additional gaming opportunities internationally & in the U.S.The Company was formed to acquire ownership interests in,and to obtain management contracts with respect to,gaming establishments.The Company generally seeks to enter into gaming operations in areas with attractive demographic attributes,high population densities,local tourism and/or predictable traffic patterns,w/ the long-term objective of establishing geographic project diversification. “
Shares of Century Casinos (NASDAQ:CNTY) remained flat at $6.54 during midday trading on Wednesday. The stock had a trading volume of 1,190 shares. The firm has a 50 day moving average of $6.54 and a 200-day moving average of $6.20. The stock has a market cap of $159.80 million, a P/E ratio of 21.10 and a beta of -0.32. Century Casinos has a 52-week low of $5.34 and a 52-week high of $7.84.
Century Casinos (NASDAQ:CNTY) last posted its quarterly earnings data on Friday, August 5th. The company reported $0.09 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.13 by $0.04. Century Casinos had a return on equity of 5.95% and a net margin of 5.68%. The firm earned $35.20 million during the quarter, compared to analysts’ expectations of $36.44 million. Equities research analysts expect that Century Casinos will post $0.36 EPS for the current fiscal year.
Several institutional investors have recently modified their holdings of the company. Guggenheim Capital LLC raised its position in shares of Century Casinos by 4.5% in the second quarter. Guggenheim Capital LLC now owns 16,267 shares of the company’s stock worth $101,000 after buying an additional 696 shares during the period. Springbok Capital Management LLC raised its position in shares of Century Casinos by 40.3% in the first quarter. Springbok Capital Management LLC now owns 17,530 shares of the company’s stock worth $108,000 after buying an additional 5,032 shares during the period. Cambridge Investment Research Advisors Inc. raised its position in shares of Century Casinos by 6.8% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 20,350 shares of the company’s stock worth $127,000 after buying an additional 1,300 shares during the period. Nationwide Fund Advisors raised its position in shares of Century Casinos by 212.4% in the second quarter. Nationwide Fund Advisors now owns 21,869 shares of the company’s stock worth $136,000 after buying an additional 14,869 shares during the period. Finally, Spark Investment Management LLC bought a new position in shares of Century Casinos during the first quarter worth approximately $141,000. 74.53% of the stock is currently owned by institutional investors and hedge funds.
Century Casinos Company Profile
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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