What is the best trade option for Century Casinos Inc (CNTY) stock?

A share price of Century Casinos Inc [CNTY] is currently trading at $2.42, up 4.31%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CNTY shares have gain 8.52% over the last week, with a monthly amount glided 44.05%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Century Casinos Inc [NASDAQ: CNTY] stock has seen the most recent analyst activity on November 26, 2024, when Craig Hallum initiated its Buy rating and assigned the stock a price target of $8. Previously, JMP Securities upgraded its rating to Mkt Outperform on November 05, 2024, and kept the price target unchanged to $5. On April 10, 2024, upgrade upgraded it’s rating to Outperform. JMP Securities downgraded its rating to a Mkt Perform. Macquarie downgraded its rating to a Neutral. JMP Securities started tracking with a Mkt Outperform rating for this stock on July 26, 2022, and assigned it a price target of $15. In a note dated April 28, 2021, B. Riley Securities initiated an Buy rating and provided a target price of $18 on this stock.

Century Casinos Inc experienced fluctuations in its stock price throughout the past year between $1.30 and $5.09. Currently, Wall Street analysts expect the stock to reach $9 within the next 12 months. Century Casinos Inc [NASDAQ: CNTY] shares were valued at $2.42 at the most recent close of the market. An investor can expect a potential return of 271.9% based on the average CNTY price forecast.

Analyzing the CNTY fundamentals

Trailing Twelve Months sales for Century Casinos Inc [NASDAQ:CNTY] were 570.35M which represents -4.10% decline. Gross Profit Margin for this corporation currently stands at 0.4% with Operating Profit Margin at 0.01%, Pretax Profit Margin comes in at -0.17%, and Net Profit Margin reading is -0.24%. To continue investigating profitability, this company’s Return on Assets is posted at -0.11, Equity is -6.5 and Total Capital is 0.0. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-25.91.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 2.30 points at the first support level, and at 2.17 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.57, and for the 2nd resistance point, it is at 2.71.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Century Casinos Inc [NASDAQ:CNTY] is 1.42. As well, the Quick Ratio is 1.38, while the Cash Ratio is 0.99. Considering the valuation of this stock, the price to sales ratio is 0.13.

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