Is It Right Time to Be Bearish on Century Casinos Inc. (NASDAQ:CNTY), Sibanye Stillwater Limited (NYSE:SBSW)?

The shares of Century Casinos Inc. (NASDAQ:CNTY) has been pegged with a rating of Buy by Stifel in its latest research note that was published on August 10, 2018. The Services company has also assigned a $13 price target. Stifel wasn’t the only research firm that published a report of Century Casinos Inc., with other equities research analysts also giving their opinion on the stock. Stifel advised investors in its research note published on January 10, 2018, to Buy the CNTY stock while also putting a $13 price target. The stock had earned Buy rating from ROTH Capital Markets when it published its report on September 20, 2017. That day the ROTH Capital set price target on the stock to $11. The stock was given Buy rating by Singular Research in its report released on November 24, 2015, the day when the price target on the stock was placed at 9.25. Brean Capital was of a view that CNTY is Buy in its latest report on March 31, 2015. Roth Capital thinks that CNTY is worth Buy rating. This was contained in the firm’s report on December 16, 2009 in which the stock’s price target was also moved to 4.50.

Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 0 believe it has the potential for further growth, thus rating it as Hold while 3 advised investors to purchase the stock. The consensus currently stands at a Buy while its average price target is $11.88. The price of the stock the last time has raised by 196.04% from its 52-Week high price while it is -71.28% than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 35.89.

The shares of the company added by 9.52% during the trading session on Wednesday, reaching a low of $2.87 while ending the day at $2.99. During the trading session, a total of 2.81 million shares were traded which represents a -946.27% decline from the average session volume which is 268120.0 shares. CNTY had ended its last session trading at $2.73. Century Casinos Inc. debt-to-equity ratio currently stands at 2.79, while its quick ratio hovers at 1.40 CNTY 52-week low price stands at $1.01 while its 52-week high price is $10.41.

The company in its last quarterly report recorded -$0.67 earnings per share which is below the predicted by most analysts. The Century Casinos Inc. generated 54.75 million in revenue during the last quarter. In the second quarter last year, the firm recorded $0.02 earnings per share. Compared to the same quarter last year, the firm’s revenue was up by 105.97%. Century Casinos Inc. has the potential to record 0.75 EPS for the current fiscal year, according to equities analysts.

It started the day trading at $6.80 and traded between $5.52 and $6.30 throughout the trading session.

A look at its technical shows that SBSW’s 50-day SMA is 9.07 while its 200-day SMA stands at 7.08. The stock has a high of $13.27 for the year while the low is $3.16. The stock, however, witnessed a rise in its short on 03/13/20. Compared to previous close which recorded 9.87 M shorted shares, the short percentage went lower by -19.86%, as 7.91M CNTY shares were shorted. At the moment, only 5.87% of Sibanye Stillwater Limited shares were sold short. The company’s average trading volume currently stands at 5.16M shares, which means that the short-interest ratio is just 1.91 days. Over the past seven days, the company moved, with its shift of 59.09%. Looking further, the stock has dropped -33.61% over the past 90 days while it gained 15.38% over the last six months.

The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. The Van Eck Associates Corp. bought more SBSW shares, increasing its portfolio by 11.40% during the last quarter. This move now sees The Van Eck Associates Corp. purchasing 3,093,304 shares in the last quarter, thus it now holds 30,234,810 shares of SBSW, with a total valuation of $255,786,493. Exor Investments (UK) LLP meanwhile sold more SBSW shares in the recently filed quarter, changing its stake to $231,811,580 worth of shares.

Similarly, Morgan Stanley & Co. LLC increased its Sibanye Stillwater Limited shares by 13.08% during the recently filed quarter. After buying 6,987,796 shares in the last quarter, the firm now controls 808,144 shares of Sibanye Stillwater Limited which are valued at $59,116,754. In the same vein, Dimensional Fund Advisors LP increased its Sibanye Stillwater Limited shares by during the most recent reported quarter. The firm sold 1,040,806 shares during the quarter which increased its stakes to 5,805,989 shares and is now valued at $49,118,667.