News to Track: Century Casinos (NASDAQ:CNTY)

Century Casinos (NASDAQ:CNTY) spotted trading -82.42% off 52-week high price. On the other end, the stock has been noted -8.50% away from the low price over the last 52-weeks. The stock changed -8.96% to recent value of $1.83. The stock transacted 538061 shares during most recent day however it has an average volume of 112.74K shares. The company has 35.93M of outstanding shares and 27.05M shares were floated in the market.

On March 17, 2020, Century Casinos (NASDAQ:CNTY) released that it closed its Colorado casinos at 4 a.m. MDT on Tuesday, March 17, 2020 for the next 30 days to comply with a quarantine imposed by the Governor of Colorado to contain the spread of COVID-19.

The quarantine includes the closure of restaurants, bars and casinos in Colorado. The Company estimates that without business interruptions its Colorado operating segment would generate 9-11% of the Company’s 2020 net operating revenue and Adjusted EBITDA.

As previously disclosed, the COVID-19 situation continues to evolve and could adversely impact the Company, including in other North American markets in which the Company operates casinos if similar closures occur or other measures are taken.

Its earnings per share (EPS) expected to touch remained 98.50% for this year while earning per share for the next 5-years is expected to reach at 25.00%. CNTY has a gross margin of 47.80% and an operating margin of 5.80% while its profit margin remained 0.80% for the last 12 months.

According to the most recent quarter its current ratio was 1.1 that represents company’s ability to meet its current financial obligations. The price moved ahead of -70.74% from the mean of 20 days, -75.37% from mean of 50 days SMA and performed -77.58% from mean of 200 days price. Company’s performance for the week was -60.56%, -77.44% for month and YTD performance remained -76.89%.

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