Streetbeat News

CDRO

Codere Online Luxembourg, S.A.

https://www.codereonline.com

Industry

Gambling, Resorts & Casinos

Codere Online Luxembourg, S.A. operates as an online casino gaming and sports betting company. The company also offers online casino wagering products and services. It primarily operates in Spain, Italy, Mexico, Colombia, Panama, and Argentina. The company is based in Luxembourg, Luxembourg.

Open

8.06

Mkt cap

358M

Volume

134K

High

8.35

P/E Ratio

-11.29

52-wk high

8.76

Low

7.75

Div yield

N/A

52-wk low

2.90

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Portfolio Pulse from Avi Kapoor

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Portfolio Pulse from Avi Kapoor

May 15, 2024 | 2:22 pm

As of March 8, 2024, Carvana Co. (CVNA), Codere Online Luxembourg, S.A. (CDRO), and CarMax, Inc. (KMX) in the consumer discretionary sector are considered overbought based on their RSI values, indicating potential short-term performance issues. CVNA and CDRO have seen significant stock gains over the past month, while KMX also showed growth but to a lesser extent.

Portfolio Pulse from Avi Kapoor

March 08, 2024 | 1:54 pm

Stifel analyst Jeffrey Stantial has maintained a Buy rating on Codere Online Luxembourg (CDRO) and increased the price target from $6 to $8.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 1:51 pm

Numerous companies are scheduled to report their earnings on February 29, 2024, covering a wide range of industries from technology to healthcare. This includes both expected quarterly profits and losses, with significant revenues anticipated for some. The diversity of sectors represented, from energy to financial services, highlights the broad economic implications of these reports.

Portfolio Pulse from Benzinga Insights

February 29, 2024 | 10:15 am

Four consumer discretionary stocks, Codere Online Luxembourg (CDRO), Ralph Lauren Corporation (RL), Trip.com Group Limited (TCOM), and Tapestry, Inc. (TPR), are considered overbought as of Feb. 23, 2024, based on their RSI values. These stocks have shown significant price increases recently, with CDRO planning to release financial results on Feb. 29, 2024, RL and TPR reporting better-than-expected earnings, and TCOM announcing strong Q4 results.

Portfolio Pulse from Avi Kapoor

February 23, 2024 | 1:21 pm

In Thursday's intraday session, several consumer discretionary stocks showed significant movement. Fitell, GigaCloud Tech, Golden Heaven Group Holdings, Codere Online Luxembourg, Installed Building Products, and Jumia Technologies were among the gainers, with increases ranging from 10.73% to 30.1%. On the downside, Rivian Automotive, Lucid Group, BowFlex, Standard Motor Products, Yunji, and REE Automotive experienced declines between 10.97% and 25.4%. Notably, earnings reports influenced some of these movements.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 5:31 pm

In Friday's intraday session, several consumer discretionary stocks experienced significant movements. Kirkland's (KIRK) saw a 13.5% increase, while iRobot (IRBT) faced a steep decline of 28.2%. Other notable gainers included Allied Gaming (AGAE), Codere Online Luxembourg (CDRO), Lanvin Group Hldgs (LANV), Wayfair (W), and Hall Of Fame Resort (HOFV). On the losing side, in addition to iRobot, were Singing Machine Co (MICS), Polished.com (POL), Mullen Automotive (MULN), Vision Marine (VMAR), and JX Luxventure (JXJT). Vision Marine's drop followed their Q1 earnings release three days prior.

Portfolio Pulse from Benzinga Insights

January 19, 2024 | 5:31 pm

Codere Online has raised its 2023 net gaming revenue forecast to €155M-€165M. This update suggests a positive outlook for the company's financial performance.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 12:40 pm

Codere Online reported a total revenue of €41.1 million for Q3, marking a 42% increase year-over-year.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 12:38 pm

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