Alert: Major Price Decline (1/18/24)-Century Casinos Inc (NASDAQ: CNTY).

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On 1/18/24, Century Casinos Inc (NASDAQ: CNTY) stock suffered a major decline of -13.9%, closing at $3.62. Moreover, this decline was accompanied by exceptionally high trading volume at 352% of normal. Relative to the market the stock has been extremely weak over the last nine months and has declined -19.3% during the last week.

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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 F (Lowest Rating). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Century Casinos has a neutral Appreciation Score of 41 but a very low Power Rating of 4, and the Lowest Value Trend Rating results.

Rating Review

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

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