CNTY Stock Summary and Trading Ideas (Century Casinos | NASDAQ:CNTY)

Century Casinos Inc is a casino entertainment company that develops and operates gaming establishments as well as related lodging, restaurant, horse racing (including off-track betting), and entertainment facilities in North America. The company has three reportable segments based on the geographical locations in which its casinos operate; United States; Century Casino & Hotel-Central City, and Century Casino & Hotel-Cripple Creek in Colorado, Mountaineer Casino, Racetrack & Resort in West Virginia, and Century Casino Caruthersville, and Century Casino Cape Girardeau in Missouri, Canada; Century Casino & Hotel, Century Casino St. Albert, Century Mile Racetrack in Edmonton and Casino Century Downs Racetrack and Casino in Calgary, and Poland; Casinos Poland.

Century Casinos trades on the NASDAQ stock market under the symbol CNTY.

As of May 2, 2024, CNTY stock price climbed to $3.11 with 93,663 million shares trading.

CNTY has a beta of 1.02, meaning it tends to be more sensitive to market movements. CNTY has a correlation of 0.06 to the broad based SPY ETF.

CNTY has a market cap of $94.34 million. This is considered a Micro Cap stock.

Last quarter Century Casinos reported $144 million in Revenue and -$.36 earnings per share. This beat revenue expectation by $1 million and met earnings estimates .

In the last 3 years, CNTY stock traded as high as $16.44 and as low as $2.46.

The top ETF exchange traded funds that CNTY belongs to (by Net Assets): VTI, IWM, VXF, IWO, VTWO.

CNTY has underperformed the market in the last year with a return of -55.2%, while the SPY ETF gained +24.6%. In the last 3 month period, CNTY fell short of the market, returning -3.1%, while SPY returned +2.5%. However, in the most recent 2 weeks CNTY has outperformed the stock market by returning +6.9%, while SPY returned +1.1%.

CNTY support price is $2.79 and resistance is $3.03 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CNTY stock will trade within this expected range on the day.