News Recap: Century Casinos (NASDAQ:CNTY)

Century Casinos (NASDAQ:CNTY) stock identified change of -5.71% away from 52-week low price and recently located move of -68.30% off 52-week high price. It has market worth of $103.92M. CNTY stock has been recorded -56.81% away from 50 day moving average and -59.88% away from 200 day moving average. Moving closer, we can see that shares have been trading -51.54% off 20-day moving average.

On March 13, 2020, Century Casinos (NASDAQ:CNTY) reported its financial results for the three months and year ended December 31, 2019.

Fourth Quarter 2019 Highlights

  • Net operating revenue was $67.2 million, an increase of 49% from the three months ended December 31, 2018.
  • Loss from operations was ($14.7) million, a decrease of 846% from the three months ended December 31, 2018.
  • Net loss attributable to Century Casinos shareholders was ($20.1) million, a decrease of 4080% from the three months ended December 31, 2018.
  • Adjusted EBITDA was $9.8 million, an increase of 69% from the three months ended December 31, 2018.
  • Loss per share was ($0.68).

2019 Highlights*

  • Net operating revenue was $218.2 million, an increase of 29% from the year ended December 31, 2018.
  • Loss from operations was ($5.2) million, a decrease of 155% from the year ended December 31, 2018.
  • Net loss attributable to Century Casinos shareholders was ($19.2) million, a decrease of 664% from the year ended December 31, 2018.
  • Adjusted EBITDA was $30.3 million, an increase of 30% from the year ended December 31, 2018.
  • Basic loss per share was ($0.65), a decrease of 642% from the year ended December 31, 2018.
  • Diluted loss per share was ($0.65), a decrease of 691% from the year ended December 31, 2018.
  • Book value per share at December 31, 2019 was $5.54.

The Services sector company, Century Casinos noticed change of -5.98% to $3.3 along volume of 330673 shares in recent session compared to an average volume of 97.28K. The stock observed return of -43.30% in 5 days trading activity. The stock was at -60.48% over one month performance. CNTY’s shares are at -61.54% for the quarter and driving a -62.50% return over the course of the past year and is now at -58.33% since this point in 2018.

The average volatility for the week at 17.04% and for month was at 7.26%. There are 31.49M shares outstanding and 27.05M shares are floated in market. Right now the stock beta is 0.9.

John Gonzalez covers business and finance news. He is the only person we trust to provide breaking news in the finance category. Having already completed an Associates Degree in Psychology, John Gonzalez is now finishing his Bachelor’s degree in Communications. In preparation for working in the advertisement sector, John is writing financial content and analysis. On a daily basis, he works on articles regarding the following topics: business, top trends, technology, and politics.

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