Century Casinos Inc. (CNTY, Financial) experienced a significant drop in its stock price, declining by 5.20% to $2.55 per share. The stock saw a trading volume of 28,030 shares, with a turnover rate of 0.09% and a price fluctuation of 3.34%.
Recently released financial reports show Century Casinos generated $146 million in revenue but reported a net loss of $41.61 million, translating to an earnings per share of -$1.36. The gross profit was reported at $51.48 million and the price-to-earnings ratio stood at -1.00.
In terms of analyst ratings, out of three firms covering the stock, 67% recommend buying, while 33% suggest holding, with no recommendations to sell.
Within the casino and gambling industry, the overall decline was noted to be 1.92%. Other stocks in the sector such as Hilton Grand Vacations Inc., Playa Hotels & Resorts N.V., and Monarch Casino & Resort, Inc. experienced gains, while Wynn Resorts, Bally's Corporation, and Vail Resorts, Inc. showed significant activity.
Century Casinos is a casino entertainment company that operates in North America, offering gaming locations, lodging, dining, and entertainment facilities. It operates in the U.S., Canada, and Poland, with properties like Century Casino & Hotel-Central City and Century Casino & Hotel-Cripple Creek in Colorado, Mountaineer Casino, Racetrack & Resort in West Virginia, and multiple locations in Canada and Poland.
