Century Casinos (NASDAQ:CNTY) Given New $4.00 Price Target at Stifel Nicolaus

Century Casinos (NASDAQ:CNTY) had its price target trimmed by Stifel Nicolaus from $5.00 to $4.00 in a research note issued to investors on Friday,Benzinga reports. The firm currently has a buy rating on the stock.

Other equities research analysts also recently issued reports about the stock. JMP Securities reaffirmed a “market outperform” rating and issued a $5.00 price objective on shares of Century Casinos in a research report on Monday, January 27th. Craig Hallum began coverage on shares of Century Casinos in a research report on Tuesday, November 26th. They issued a “buy” rating and a $8.00 price objective for the company. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $5.50.

Century Casinos Trading Down 0.5 %

CNTY opened at $1.90 on Friday. The company has a debt-to-equity ratio of 6.58, a current ratio of 1.79 and a quick ratio of 1.74. Century Casinos has a fifty-two week low of $1.64 and a fifty-two week high of $5.09. The firm has a market capitalization of $58.30 million, a PE ratio of -0.78 and a beta of 2.71. The company’s 50-day moving average is $2.94 and its 200 day moving average is $3.12.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. XTX Topco Ltd bought a new position in shares of Century Casinos during the 4th quarter valued at approximately $51,000. Raymond James Financial Inc. bought a new position in shares of Century Casinos during the 4th quarter valued at approximately $74,000. Marshall Wace LLP bought a new position in shares of Century Casinos during the 4th quarter valued at approximately $85,000. Wealthedge Investment Advisors LLC bought a new position in shares of Century Casinos during the 4th quarter valued at approximately $112,000. Finally, JB Capital Partners LP bought a new position in shares of Century Casinos during the 4th quarter valued at approximately $124,000. 66.36% of the stock is owned by institutional investors.

About Century Casinos

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.