BidaskClub upgraded shares of Central European Media Enterprises (NASDAQ:CETV) from a strong sell rating to a sell rating in a research report report published on Saturday.
Shares of CETV opened at $3.18 on Friday. The company has a debt-to-equity ratio of 4.18, a current ratio of 2.28 and a quick ratio of 2.28. The stock has a market capitalization of $803.90 million, a PE ratio of 16.74 and a beta of 1.76. Central European Media Enterprises has a one year low of $3.08 and a one year high of $4.90.
Central European Media Enterprises (NASDAQ:CETV) last issued its earnings results on Thursday, October 18th. The company reported $0.03 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.21 by ($0.18). The firm had revenue of $123.52 million during the quarter. Central European Media Enterprises had a net margin of 23.04% and a return on equity of 100.02%.
About Central European Media Enterprises
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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