Royce & Associates LP Buys 61,522 Shares of Century Casinos, Inc. (NASDAQ:CNTY)

Royce & Associates LP increased its holdings in Century Casinos, Inc. (NASDAQ:CNTY) by 2.2% during the 3rd quarter, HoldingsChannel reports. The firm owned 2,896,035 shares of the company’s stock after buying an additional 61,522 shares during the period. Royce & Associates LP owned 0.09% of Century Casinos worth $7,414,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Sei Investments Co. bought a new stake in Century Casinos in the second quarter worth $32,000. Quadrature Capital Ltd bought a new stake in Century Casinos in the first quarter worth $51,000. Virtu Financial LLC bought a new stake in Century Casinos in the first quarter worth $66,000. Point72 Asia Singapore Pte. Ltd. bought a new stake in Century Casinos in the second quarter worth $103,000. Finally, Empowered Funds LLC increased its position in Century Casinos by 8.1% in the first quarter. Empowered Funds LLC now owns 66,935 shares of the company’s stock worth $212,000 after purchasing an additional 5,042 shares during the last quarter. Institutional investors own 66.36% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on CNTY shares. StockNews.com upgraded shares of Century Casinos from a “sell” rating to a “hold” rating in a research report on Tuesday, November 5th. Macquarie cut their price objective on shares of Century Casinos from $5.00 to $4.00 and set an “outperform” rating on the stock in a research report on Friday, August 9th. Stifel Nicolaus boosted their price objective on shares of Century Casinos from $4.00 to $5.00 and gave the company a “buy” rating in a research report on Tuesday, November 5th. Finally, JMP Securities upgraded shares of Century Casinos from a “market perform” rating to an “outperform” rating and set a $5.00 price objective on the stock in a research report on Tuesday, November 5th.

Century Casinos Stock Down 0.5 %

Shares of CNTY opened at $4.22 on Monday. The firm has a market capitalization of $129.48 million, a P/E ratio of -1.74 and a beta of 2.55. Century Casinos, Inc. has a 12-month low of $1.94 and a 12-month high of $5.05. The company has a current ratio of 1.79, a quick ratio of 1.74 and a debt-to-equity ratio of 6.58. The firm has a fifty day moving average price of $2.96 and a 200-day moving average price of $2.73.

Century Casinos (NASDAQ:CNTY) last released its quarterly earnings data on Monday, November 4th. The company reported ($0.26) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.24) by ($0.02). Century Casinos had a negative return on equity of 41.20% and a negative net margin of 12.73%. The business had revenue of $155.70 million during the quarter, compared to analysts’ expectations of $158.10 million. During the same period last year, the company earned ($0.47) earnings per share. Equities research analysts expect that Century Casinos, Inc. will post -2.39 earnings per share for the current year.

Century Casinos Company Profile

Century Casinos, Inc operates as a casino entertainment company in the United States, Canada, and Poland. It develops and operates gaming establishments, as well as related lodging, restaurant, and horse racing including, off-track betting; and entertainment facilities. The company was founded in 1992 and is based in Colorado Springs, Colorado.