Renaissance Technologies LLC Increases Stock Holdings in Codere Online Luxembourg, S.A. (NASDAQ:CDRO)

Renaissance Technologies LLC raised its holdings in Codere Online Luxembourg, S.A. (NASDAQ:CDRO) by 98.5% in the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 79,801 shares of the company’s stock after buying an additional 39,601 shares during the quarter. Renaissance Technologies LLC owned about 0.18% of Codere Online Luxembourg worth $650,000 at the end of the most recent reporting period.

Codere Online Luxembourg Trading Up 3.1 %

NASDAQ CDRO opened at $8.68 on Wednesday. The business’s fifty day simple moving average is $7.97 and its 200-day simple moving average is $7.61. Codere Online Luxembourg, S.A. has a 52 week low of $2.68 and a 52 week high of $8.75.

Wall Street Analyst Weigh In

Separately, Craig Hallum began coverage on shares of Codere Online Luxembourg in a research report on Thursday, July 11th. They set a “buy” rating and a $10.00 target price for the company.

Codere Online Luxembourg 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.