Stifel Nicolaus reaffirmed their buy rating on shares of Codere Online Luxembourg (NASDAQ:CDRO - Free Report) in a research report report published on Monday,Benzinga reports. The firm currently has a $10.00 target price on the stock.
Codere Online Luxembourg Stock Performance
NASDAQ CDRO traded down $0.48 on Monday, reaching $6.29. The company had a trading volume of 223,976 shares, compared to its average volume of 47,673. Codere Online Luxembourg has a 12 month low of $2.90 and a 12 month high of $8.76. The firm's 50 day moving average price is $7.59 and its 200 day moving average price is $7.83.
Institutional Trading of Codere Online Luxembourg
A hedge fund recently raised its stake in Codere Online Luxembourg stock. Renaissance Technologies LLC increased its holdings in Codere Online Luxembourg, S.A. (NASDAQ:CDRO - Free Report) by 98.5% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 79,801 shares of the company's stock after purchasing an additional 39,601 shares during the period. Renaissance Technologies LLC owned approximately 0.18% of Codere Online Luxembourg worth $650,000 at the end of the most recent quarter. 10.30% of the stock is owned by institutional investors.
About Codere Online Luxembourg
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Codere Online Luxembourg, SA operates as an online casino gaming and sports betting company. It also offers online casino wagering products and services, as well as online gambling and other online services. The company offers its products under the Codere and Greenplay brand names. It primarily operates in Spain, Italy, Mexico, Colombia, the United Kingdom, Germany, South Africa, Austria, Malta, Panama, and Argentina.
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