(CNTY) Century Casinos - Ratings and Ratios

Century Casinos, Inc. is a casino entertainment company with a presence in the US, Canada, and Poland, offering a diversified portfolio of gaming, lodging, dining, and entertainment options, including horse racing and off-track betting facilities.

The companys operational footprint spans multiple jurisdictions, with a history dating back to 1992, and is headquartered in Colorado Springs, Colorado. For more information, you can visit their official website at https://www.cnty.com. As a publicly traded company listed on NASDAQ under the ticker symbol CNTY, Century Casinos is classified under the Casinos & Gaming sub-industry according to the GICS classification.

Analyzing the technical data, we observe that the stock has recently broken above its 20-day Simple Moving Average (SMA20) of $1.49 and is currently trading at $1.68, indicating a potential short-term bullish trend. However, the stock remains below its 50-day SMA of $1.63, and significantly below its 200-day SMA of $2.69, suggesting a longer-term downtrend. The Average True Range (ATR) of 0.12 represents a 6.95% daily price fluctuation, indicating moderate volatility. Given the 52-week high of $4.66 and low of $1.30, the stock is currently trading near its lower end of the range.

From a fundamental perspective, Century Casinos has a market capitalization of $54.92 million USD, with a forward Price-to-Earnings (P/E) ratio of 19.16, suggesting that the market expects future earnings growth. However, the current Return on Equity (RoE) stands at -650.45%, indicating significant negative returns on shareholder equity.

Combining technical and fundamental insights, our forecast suggests that while the short-term trend may be bullish due to the recent price movement above the SMA20, the long-term downtrend and negative RoE raise concerns about the companys financial health. Unless the company addresses its profitability issues, the stock may continue to struggle to break above its 50-day and 200-day SMAs. Therefore, we predict that the stock will likely trade within a narrow range in the short term, potentially between $1.50 and $1.80, before a potential breakout or further decline, contingent on the companys ability to improve its earnings and overall financial performance.