Central European Media Enterprises (NASDAQ:CETV) Lifted to Strong-Buy at BidaskClub

Share on StockTwits

BidaskClub upgraded shares of Central European Media Enterprises (NASDAQ:CETV) from a buy rating to a strong-buy rating in a research note released on Saturday, BidAskClub reports.

Separately, TheStreet raised Central European Media Enterprises from a c+ rating to a b rating in a report on Wednesday, May 15th.

CETV opened at $4.53 on Friday. Central European Media Enterprises has a 1-year low of $2.67 and a 1-year high of $4.80. The firm has a fifty day simple moving average of $4.36. The company has a current ratio of 2.13, a quick ratio of 2.13 and a debt-to-equity ratio of 2.34. The company has a market cap of $1.18 billion, a PE ratio of 14.09 and a beta of 1.24.

Hedge funds and other institutional investors have recently modified their holdings of the business. Bessemer Group Inc. acquired a new position in Central European Media Enterprises in the 2nd quarter valued at $32,000. Amalgamated Bank acquired a new position in Central European Media Enterprises in the 4th quarter valued at $37,000. Meritage Portfolio Management acquired a new position in Central European Media Enterprises in the 1st quarter valued at $61,000. BNP Paribas Arbitrage SA grew its holdings in Central European Media Enterprises by 58,851.6% in the 1st quarter. BNP Paribas Arbitrage SA now owns 18,275 shares of the company’s stock valued at $73,000 after buying an additional 18,244 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. acquired a new position in Central European Media Enterprises in the 1st quarter valued at $106,000. 10.52% of the stock is currently owned by hedge funds and other institutional investors.

Central European Media Enterprises Company Profile

Central European Media Enterprises Ltd. operates as a media and entertainment company in Bulgaria, the Czech Republic, Romania, the Slovak Republic, and Slovenia. It broadcasts a total of 31 television channels, including general entertainment and other channels. The company also develops and produces content for television channels; and provides television content through various portals, including Voyo, a subscription video-on-demand service, and advertising supported catch-up services on its Websites, as well as operates a portfolio of digital media products that complement its news programming and other television station-related brands.

Further Reading: Do stock splits help investors?

Receive News & Ratings for Central European Media Enterprises Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Central European Media Enterprises and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Prime Capital Investment Advisors LLC Sells 1,034 Shares of Pfizer Inc.
Prime Capital Investment Advisors LLC Sells 1,034 Shares of Pfizer Inc.
Lincoln National Corp Purchases 909 Shares of VANGUARD CHARLO/TOTAL INTL BD ETF
Lincoln National Corp Purchases 909 Shares of VANGUARD CHARLO/TOTAL INTL BD ETF
Prime Capital Investment Advisors LLC Invests $25,000 in Capitol Federal Financial, Inc.
Prime Capital Investment Advisors LLC Invests $25,000 in Capitol Federal Financial, Inc.
Wells Fargo & Co  Expected to Post Quarterly Sales of $20.79 Billion
Wells Fargo & Co Expected to Post Quarterly Sales of $20.79 Billion
Zacks: Brokerages Expect Wells Fargo & Co  Will Post Earnings of $1.19 Per Share
Zacks: Brokerages Expect Wells Fargo & Co Will Post Earnings of $1.19 Per Share
$0.53 EPS Expected for Virtusa Co.  This Quarter
$0.53 EPS Expected for Virtusa Co. This Quarter


© 2006-2019 Ticker Report