Codere Online Luxembourg, S.A. (NASDAQ:CDRO - Get Free Report)'s share price was down 2.3% during mid-day trading on Monday . The company traded as low as $8.49 and last traded at $8.50. Approximately 8,526 shares were traded during trading, a decline of 64% from the average daily volume of 23,817 shares. The stock had previously closed at $8.70.
Codere Online Luxembourg Trading Down 1.1%
The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.40 and a current ratio of 1.40. The stock's 50 day simple moving average is $8.30 and its 200-day simple moving average is $7.72.
Institutional Trading of Codere Online Luxembourg
A number of hedge funds and other institutional investors have recently made changes to their positions in CDRO. Geode Capital Management LLC increased its stake in shares of Codere Online Luxembourg by 25.0% in 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 period. Raymond James Financial Inc. acquired a new stake in shares of Codere Online Luxembourg in the fourth quarter worth $64,000. Finally, FNY Investment Advisers LLC increased its stake in shares of Codere Online Luxembourg by 15.3% in the first quarter. FNY Investment Advisers LLC now owns 424,661 shares of the company's stock worth $3,078,000 after acquiring an additional 56,484 shares during the period. Institutional investors and hedge funds own 10.30% of the company's stock.
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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