Point72 Asia Singapore Pte. Ltd. Purchases Shares of 37,102 Century Casinos, Inc. (NASDAQ:CNTY)

Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Century Casinos, Inc. (NASDAQ:CNTY) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 37,102 shares of the company’s stock, valued at approximately $103,000. Point72 Asia Singapore Pte. Ltd. owned about 0.12% of Century Casinos as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Nokomis Capital L.L.C. lifted its position in Century Casinos by 9.3% during the first quarter. Nokomis Capital L.L.C. now owns 1,953,657 shares of the company’s stock worth $6,174,000 after buying an additional 165,452 shares during the period. Vanguard Group Inc. lifted its holdings in shares of Century Casinos by 0.8% during the 1st quarter. Vanguard Group Inc. now owns 1,690,827 shares of the company’s stock worth $5,343,000 after acquiring an additional 13,372 shares during the period. Orchard Capital Management LLC boosted its position in shares of Century Casinos by 6.6% in the fourth quarter. Orchard Capital Management LLC now owns 1,299,865 shares of the company’s stock worth $6,343,000 after acquiring an additional 79,970 shares during the last quarter. GSA Capital Partners LLP grew its holdings in Century Casinos by 214.6% in the first quarter. GSA Capital Partners LLP now owns 147,084 shares of the company’s stock valued at $465,000 after purchasing an additional 100,333 shares during the period. Finally, Los Angeles Capital Management LLC increased its position in Century Casinos by 34.6% during the first quarter. Los Angeles Capital Management LLC now owns 133,107 shares of the company’s stock worth $421,000 after purchasing an additional 34,220 shares during the last quarter. Hedge funds and other institutional investors own 66.36% of the company’s stock.

Century Casinos Stock Performance

Shares of NASDAQ:CNTY opened at $2.59 on Friday. The firm has a market capitalization of $79.47 million, a PE ratio of -1.93 and a beta of 2.59. Century Casinos, Inc. has a 12 month low of $1.94 and a 12 month high of $5.49. The company has a debt-to-equity ratio of 6.22, a current ratio of 1.96 and a quick ratio of 1.91. The business has a 50-day moving average of $2.44 and a two-hundred day moving average of $2.71.

Century Casinos (NASDAQ:CNTY) last posted its quarterly earnings results on Thursday, August 8th. The company reported ($1.36) EPS for the quarter, missing the consensus estimate of ($0.40) by ($0.96). Century Casinos had a negative net margin of 13.65% and a negative return on equity of 40.28%. The business had revenue of $146.44 million during the quarter, compared to analysts’ expectations of $154.60 million. During the same quarter in the previous year, the business posted ($0.06) EPS. As a group, research analysts forecast that Century Casinos, Inc. will post -2.33 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, Macquarie decreased their price target on shares of Century Casinos from $5.00 to $4.00 and set an “outperform” rating on the stock in a report on Friday, August 9th.

Century Casinos 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.