Overall market sentiment has been high on Century Casinos, Inc. (CNTY) stock lately. CNTY receives a Bullish rating from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor.
InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon.
The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.
What's Happening With CNTY Stock Today?
Century Casinos, Inc. (CNTY) stock is lower by -8.63% while the S&P 500 has risen 0.14% as of 3:09 PM on Friday, Feb 26. CNTY is lower by -$0.75 from the previous closing price of $8.70 on volume of 385,914 shares. Over the past year the S&P 500 has risen 23.05% while CNTY has risen 2.58%. CNTY lost -$2.54 per share in the over the last 12 months.
To see the top 5 stocks in the Resorts & Casinos industry click here.
More About Century Casinos, Inc.
Century Casinos Inc is a US-based international casino entertainment company. The company principally engages in the development and operations of gaming establishments as well as related lodging, restaurant, and entertainment facilities. Through its subsidiaries, it manages Century Casino & Hotel, Century Casino St. Albert, Century Casino Calgary, Century Downs Racetrack and Casino, Century Mile Racetrack and Casino in Canada: Century Casino & Hotel in United States and Casinos Poland in Poland. Along with its land-based casinos, it also operates ship-based casinos on international and Alaskan waters pursuant to casino concessionaire agreements with cruise lines which include, Oceania Cruises, TUI Cruises, Windstar Cruises and Regent Seven Seas Cruises.
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