Central European Media Enterprises (CETV) Upgraded at BidaskClub
BidaskClub upgraded shares of Central European Media Enterprises (NASDAQ:CETV) from a sell rating to a hold rating in a research report sent to investors on Thursday.
Shares of NASDAQ CETV traded up $0.01 during mid-day trading on Thursday, hitting $3.24. The company had a trading volume of 144,900 shares, compared to its average volume of 312,725. The company has a debt-to-equity ratio of 4.18, a quick ratio of 2.28 and a current ratio of 2.28. Central European Media Enterprises has a 12 month low of $2.67 and a 12 month high of $4.90. The stock has a market cap of $814.02 million, a PE ratio of 16.95 and a beta of 1.60.
Central European Media Enterprises (NASDAQ:CETV) last released its earnings results on Thursday, October 18th. The company reported $0.03 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.21 by ($0.18). Central European Media Enterprises had a net margin of 23.04% and a return on equity of 100.02%. The company had revenue of $123.52 million during the quarter.
Central European Media Enterprises Company Profile
Central European Media Enterprises Ltd. operates as a media and entertainment company in Bulgaria, the Czech Republic, Romania, and the Slovak Republic. It broadcasts a total of 26 television channels, including general entertainment and other channels. The company also develops and produces content for television channels; and provides premium television content through a series of portals, including Voyo, a subscription based video-on-demand service, and advertising supported catch-up services on its Websites.
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