Price Action Don’t Lie: What’s in Century Casinos, Inc. After Today’s Huge Increase?

Price Action Don't Lie: What's in Century Casinos, Inc. After Today's Huge Increase?

The stock of Century Casinos, Inc. (NASDAQ:CNTY) is a huge mover today! The stock increased 4.19% or $0.28 on November 29, hitting $6.96. About 149,585 shares traded hands or 269.33% up from the average. Century Casinos, Inc. (NASDAQ:CNTY) has risen 10.05% since April 26, 2016 and is uptrending. It has outperformed by 4.79% the S&P500.
The move comes after 6 months positive chart setup for the $165.43 million company. It was reported on Nov, 29 by Barchart.com. We have $7.31 PT which if reached, will make NASDAQ:CNTY worth $8.27 million more.

Analysts await Century Casinos, Inc. (NASDAQ:CNTY) to report earnings on March, 10. They expect $0.06 earnings per share, up 100.00% or $0.03 from last year’s $0.03 per share. CNTY’s profit will be $1.43M for 29.00 P/E if the $0.06 EPS becomes a reality. After $0.08 actual earnings per share reported by Century Casinos, Inc. for the previous quarter, Wall Street now forecasts -25.00% negative EPS growth.

According to Zacks Investment Research, “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.”

Insitutional Activity: The institutional sentiment increased to 1.22 in Q2 2016. Its up 0.39, from 0.83 in 2016Q1. The ratio increased, as 22 funds sold all Century Casinos, Inc. shares owned while 18 reduced positions. 9 funds bought stakes while 24 increased positions. They now own 17.04 million shares or 1.56% more from 16.78 million shares in 2016Q1.
Rbf Capital Limited Company accumulated 100,000 shares or 0.12% of the stock. Acadian Asset Management Ltd Liability Corporation holds 183,763 shares or 0.01% of its portfolio. Teachers Advisors Inc has invested 0% of its portfolio in Century Casinos, Inc. (NASDAQ:CNTY). Ariel Investments Ltd Liability Company has 3.54M shares for 0.28% of their US portfolio. State Bank Of Mellon holds 0% of its portfolio in Century Casinos, Inc. (NASDAQ:CNTY) for 292,259 shares. The New Jersey-based Blackrock Investment has invested 0% in Century Casinos, Inc. (NASDAQ:CNTY). Pdts Prtn Ltd Co reported 12,446 shares or 0.01% of all its holdings. Fuller Thaler Asset owns 6,200 shares or 0% of their US portfolio. Tower Rech Cap Limited Liability Co (Trc) has invested 0% of its portfolio in Century Casinos, Inc. (NASDAQ:CNTY). Boothbay Fund Mgmt Llc has invested 0.04% of its portfolio in Century Casinos, Inc. (NASDAQ:CNTY). Blackrock Institutional Trust Co Na, a California-based fund reported 1.47M shares. Bridgeway Cap holds 0.02% or 245,200 shares in its portfolio. Blackrock Japan Com owns 4,520 shares or 0% of their US portfolio. Tfs Capital Ltd Llc accumulated 101,792 shares or 0.12% of the stock. Deutsche Bancorporation Ag reported 43,617 shares or 0% of all its holdings.

More recent Century Casinos, Inc. (NASDAQ:CNTY) news were published by: Prnewswire.com which released: “Century Casinos Announces Opening of New High Limit and VIP Gaming Rooms at …” on August 15, 2016. Also Prnewswire.com published the news titled: “Century Casinos announces Successful Closing of CAD 27.9 million Apex Casino …” on October 03, 2016. Prnewswire.com‘s news article titled: “Century Casinos Announces Opening of Racetrack at Century Downs Racetrack and …” with publication date: April 27, 2015 was also an interesting one.

CNTY Company Profile

Century Casinos, Inc., incorporated on May 25, 1994, is an international casino entertainment company. The Firm develops and operates gaming establishments, as well as related lodging, restaurant and entertainment facilities around the world. The Company’s divisions 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). The United States segment comprises Century Casino & Hotel-Central City, and Century Casino & Hotel-Cripple Creek. The Poland segment consists of Casinos Poland. The Corporate and Other segment comprises Cruise Ships and other. The Firm owns casino activities in North America; holds interest in casinos throughout Poland; holds a racetrack and entertainment center (REC) in Canada and the pari-mutuel off-track betting network in southern Alberta, Canada; manages cruise ship casinos on international waters; manages a casino in Aruba, and provides gaming services in Argentina.

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