Alert: Major Price Advance (11/4/24)-Century Casinos Inc (NASDAQ: CNTY).

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Century Casinos Inc (NASDAQ: CNTY) stock closed at $3.70 on 11/4/24 after a major increase of 11.8%. Moreover, this advance was accompanied by exceptionally high trading volume at 717% of normal. The stock has risen 23.3% during the last week but has been weak relative to the market over the last nine months.

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Current PriceTarget Research Rating

With future capital returns forecasted to be in line with the cost of capital, CNTY is expected to be Value Creation neutral.

Century Casinos has a current Value Trend Rating of C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Century Casinos has a neutral Appreciation Score of 50 and a neutral Power Rating of 41, leading to the Low Neutral Value Trend Rating.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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