Codere Online Luxembourg, S.A. $CDRO is FNY Investment Advisers LLC’s 4th Largest Position

FNY Investment Advisers LLC increased its holdings in Codere Online Luxembourg, S.A. (NASDAQ:CDRO) by 30.8% in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 555,447 shares of the company’s stock after purchasing an additional 130,786 shares during the period. Codere Online Luxembourg makes up about 2.0% of FNY Investment Advisers LLC’s holdings, making the stock its 4th biggest holding. FNY Investment Advisers LLC owned approximately 1.22% of Codere Online Luxembourg worth $4,715,000 at the end of the most recent quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Codere Online Luxembourg in a research note on Wednesday, October 8th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, Codere Online Luxembourg presently has a consensus rating of “Moderate Buy” and an average target price of $10.00.

Codere Online Luxembourg Price Performance

Shares of CDRO opened at $6.65 on Wednesday. The firm has a fifty day simple moving average of $7.48 and a two-hundred day simple moving average of $7.65. Codere Online Luxembourg, S.A. has a twelve month low of $5.75 and a twelve month high of $8.75.

Codere Online Luxembourg Company Profile

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.