Codere Online Luxembourg, S.A. (NASDAQ:CDRO - Get Free Report)'s stock price was up 2.1% during trading on Wednesday . The company traded as high as $7.34 and last traded at $7.19. Approximately 35,067 shares were traded during mid-day trading, a decline of 28% from the average daily volume of 48,648 shares. The stock had previously closed at $7.04.
Analyst Upgrades and Downgrades
Separately, Stifel Nicolaus reiterated a "buy" rating and issued a $10.00 price target on shares of Codere Online Luxembourg in a report on Monday, December 30th.
View Our Latest Research Report on CDRO
Codere Online Luxembourg Price Performance
The stock has a 50-day moving average price of $7.10 and a 200 day moving average price of $7.46.
Institutional Trading of Codere Online Luxembourg
Large investors have recently added to or reduced their stakes in the stock. Raymond James Financial Inc. purchased a new stake in Codere Online Luxembourg during the 4th quarter worth approximately $64,000. Geode Capital Management LLC grew its position in shares of Codere Online Luxembourg by 25.0% during the fourth quarter. Geode Capital Management LLC now owns 13,600 shares of the company's stock worth $88,000 after acquiring an additional 2,723 shares during the last quarter. Hood River Capital Management LLC lifted its position in Codere Online Luxembourg by 64.7% in the 4th quarter. Hood River Capital Management LLC now owns 25,596 shares of the company's stock valued at $165,000 after purchasing an additional 10,059 shares during the last quarter. Diametric Capital LP grew its position in Codere Online Luxembourg by 183.3% in the 4th quarter. Diametric Capital LP now owns 38,743 shares of the company's stock worth $250,000 after purchasing an additional 25,068 shares during the last quarter. Finally, Exchange Traded Concepts LLC bought a new stake in shares of Codere Online Luxembourg during the fourth quarter valued at approximately $364,000. 10.30% of the stock is currently owned by institutional investors and hedge funds.
About Codere Online Luxembourg
(
Get Free Report)
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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