Codere Online Luxembourg, S.A. (NASDAQ:CDRO - Free Report) - Equities researchers at Noble Financial cut their FY2024 earnings estimates for Codere Online Luxembourg in a report released on Monday, December 2nd. Noble Financial analyst M. Kupinski now expects that the company will earn ($0.07) per share for the year, down from their previous forecast of $0.10. The consensus estimate for Codere Online Luxembourg's current full-year earnings is $0.10 per share.
Codere Online Luxembourg Stock Performance
Shares of NASDAQ:CDRO traded down $0.12 during midday trading on Wednesday, hitting $7.90. 39,260 shares of the stock traded hands, compared to its average volume of 46,639. The business's 50 day moving average is $7.93 and its two-hundred day moving average is $7.84. Codere Online Luxembourg has a one year low of $2.90 and a one year high of $8.76.
Hedge Funds Weigh In On Codere Online Luxembourg
A hedge fund recently raised its stake in Codere Online Luxembourg stock. Renaissance Technologies LLC increased its stake in Codere Online Luxembourg, S.A. (NASDAQ:CDRO - Free Report) by 98.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 79,801 shares of the company's stock after buying 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 reporting period. Institutional investors own 10.30% of the company's stock.
Codere Online Luxembourg Company Profile
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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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