Bamco Inc. NY Has $24.55 Million Holdings in Codere Online Luxembourg, S.A. (NASDAQ:CDRO)

Bamco Inc. NY lessened its holdings in shares of Codere Online Luxembourg, S.A. (NASDAQ:CDRO) by 7.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 3,527,040 shares of the company’s stock after selling 297,120 shares during the quarter. Bamco Inc. NY owned 0.08% of Codere Online Luxembourg worth $24,548,000 as of its most recent SEC filing.

Codere Online Luxembourg Price Performance

Shares of NASDAQ CDRO traded up $0.26 during mid-day trading on Friday, hitting $7.79. The company had a trading volume of 17,968 shares, compared to its average volume of 12,948. The firm has a 50-day simple moving average of $7.70 and a two-hundred day simple moving average of $6.65. Codere Online Luxembourg, S.A. has a one year low of $2.68 and a one year high of $8.50.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. Stifel Nicolaus increased their target price on Codere Online Luxembourg from $8.00 to $9.00 and gave the stock a “buy” rating in a report on Thursday, May 16th. Craig Hallum initiated coverage on Codere Online Luxembourg in a report on Thursday, July 11th. They issued a “buy” rating and a $10.00 price objective 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.