Codere Online Luxembourg, S.A. (NASDAQ:CDRO – Get Rating) was the recipient of a large decrease in short interest during the month of April. As of April 15th, there was short interest totalling 102,100 shares, a decrease of 33.0% from the March 31st total of 152,400 shares. Based on an average trading volume of 17,600 shares, the short-interest ratio is currently 5.8 days. Currently, 0.7% of the shares of the stock are sold short.
CDRO has been the topic of several analyst reports. Noble Financial initiated coverage on shares of Codere Online Luxembourg in a research note on Tuesday, February 22nd. They set an “outperform” rating and a $10.00 price target on the stock. Stifel Nicolaus initiated coverage on shares of Codere Online Luxembourg in a research note on Tuesday, January 4th. They set a “buy” rating and a $10.00 price target on the stock. Finally, Stifel Europe initiated coverage on shares of Codere Online Luxembourg in a research note on Tuesday, January 4th. They set a “buy” rating on the stock.
Codere Online Luxembourg stock opened at $4.77 on Friday. The business’s 50-day moving average price is $4.96. Codere Online Luxembourg has a 12-month low of $4.15 and a 12-month high of $10.08.
Codere Online Luxembourg Company Profile (Get Rating)
Codere Online Luxembourg, SA operates as an online casino gaming and sports betting operator in Latin America. The company also offers online casino wagering services. It operates in Spain, Italy, Mexico, Colombia, and Panama. The company is based in Luxembourg, Luxembourg.
- Get a free copy of the StockNews.com research report on Codere Online Luxembourg (CDRO)
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