Codere Online Luxembourg, S.A. (NASDAQ:CDRO - Get Free Report) shares fell 1.3% on Wednesday . The stock traded as low as $7.25 and last traded at $7.44. 41,717 shares were traded during mid-day trading, a decline of 0% from the average session volume of 41,803 shares. The stock had previously closed at $7.54.
Wall Street Analysts Forecast Growth
Separately, Craig Hallum initiated coverage on shares of Codere Online Luxembourg in a report on Thursday, July 11th. They set a "buy" rating and a $10.00 target price for the company.
View Our Latest Stock Analysis on CDRO
Codere Online Luxembourg Trading Down 0.1 %
The firm's fifty day moving average is $8.04 and its 200-day moving average is $7.75.
Hedge Funds Weigh In On Codere Online Luxembourg
A hedge fund recently raised its stake in Codere Online Luxembourg stock. Renaissance Technologies LLC raised its stake in shares of Codere Online Luxembourg, S.A. (NASDAQ:CDRO - Free Report) by 98.5% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. 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 0.18% of Codere Online Luxembourg worth $650,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 10.30% of the company's stock.
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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