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How to Buy Codere Online Luxembourg Sa Stock

Codere Online Luxembourg Sa

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.

Codere Online Luxembourg Sa stock last closed at $6.83, down 1.59% from the previous day, and has increased 186.97% in one year. It has overperformed other stocks in the Gambling industry by 1.73 percentage points. Codere Online Luxembourg Sa stock is currently +190.64% from its 52-week low of $2.35, and -15.57% from its 52-week high of $8.09.

At the moment, there are 45.3M CDRO shares outstanding. The market cap of CDRO is $309.38M. In the past 24 hours, 5640 CDRO shares were traded.

How to Buy Codere Online Luxembourg Sa Stock

Wondering how to invest in Codere Online Luxembourg Sa stock? Here's how.
  1. Decide where to buy Codere Online Luxembourg Sa stock: You need to choose an online brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you determine where to buy Codere Online Luxembourg Sa stock.
  2. Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Put funds into your investment account: Choose your method of payment and add your info.
  4. Evaluate Codere Online Luxembourg Sa stock: The Codere Online Luxembourg Sa ticker symbol is CDRO. Is Codere Online Luxembourg Sa stock a good investment? Should you buy shares of CDRO? How do CDRO's underlying business fundamentals look? Do top analysts think Codere Online Luxembourg Sa is a good buy? Why has CDRO's stock price moved recently? (Hint: Our stock market analysis tools can help you figure out if CDRO is a good stock to buy).
  5. Execute your CDRO purchase: Decide if you will purchase CDRO shares at the current market price or use a limit order to buy CDRO shares at a specific price.
  6. Track your CDRO position: Create a watchlist to track your new investment in Codere Online Luxembourg Sa stock.

Step 1: Decide where to buy Codere Online Luxembourg Sa stock

You need a brokerage account in order to access the NASDAQ market and buy CDRO shares.

A brokerage account allows you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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  • Social investing: eToro boasts a community with more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of other investors.
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eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

Step 2: Create your brokerage account

Now that you've picked the right brokerage, it's time to fill out some personal details so you are able to invest in CDRO today.

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  2. Enter your personal details to open your new trading account.
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Step 3: Put funds into your investment account

Now that you've opened your account on a good online stock trading app, your next step is to transfer the money for your investment:

Check out the walkthrough below to see the process of transferring money into your brokerage account.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Evaluate Codere Online Luxembourg Sa stock

After you have selected the best place to buy Codere Online Luxembourg Sa stock, it's very important to evaluate their stock prior to buying, so you actually comprehend the risk and upside.

Codere Online Luxembourg Sa stock at a glance

CDRO Price
$6.83
1w %
-2.15%
1y %
186.97%
5y %
N/A
P/E
-9.63x
P/B
13.51x
P/S
2.09x
PEG
N/A
Revenue
$148.00M
Earnings
-$31.84M
Fore. Rev. Growth
37.37%
Fore. Earn. Growth
N/A
Market Cap
$309.38M
Next Earnings
May 9, 2024
Next Dividend
N/A

CDRO Zen Score

WallStreetZen was built to help everyday investors do more accurate fundamental analysis in minutes instead of hours.

You can see all of the due diligence checks on CDRO's stock page.

How is CDRO stock valued?

You can use many financial metrics, analyses, models, and charts to gauge CDRO's true value.

Using relative valuations methods:

  • CDRO may be overvalued based on its P/B ratio of 13.51x, relative to Gambling industry P/B ratio of 5.22x

You can do more valuation analysis on CDRO's stock here.

CDRO Financial Overview

Positive Health Checks:

  • CDRO profit margin has gone up from -78.1% to -21.5% in the past year.

Negative Health Checks:

  • CDRO has a relatively high debt to equity ratio of 2.03.

Is CDRO stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 1 Equities analysts who track CDRO, the consensus analyst rating on Codere Online Luxembourg Sa is a Strong Buy

Please note that analyst forecasts are not stock recommendations, nor are they investment advice.

You can dive deeper into what analysts are saying on the Codere Online Luxembourg Sa stock forecast page.

CDRO Technicals

SMA10
6.93
SMA20
7.07
SMA50
6.74
SMA100
5.12
SMA200
4.12
MACD
0.05
MACD Signal
0.12
MACD Histogram
-0.08
RSI
48.31
Stochastic %K
17.4
Stochastic %D
17.68
StochRSI %K
19.92
StochRSI %D
19.31

How are CDRO Revenues/Earnings doing?

Last year, CDRO revenue was $148.00M. Over the last two year, CDRO's revenue has grown by 26.33% per year. This was slower than the Gambling industry average of 30.13%.

You can research CDRO's earnings and revenue performance here.

Latest Insiders Trades at CDRO

In the past year, executives and large shareholders at CDRO have not bought or sold any shares.

Dig into more about who owns CDRO stock here.

Does CDRO provide a stable income stream?

No, Codere Online Luxembourg Sa doesn't provide an income stream by paying out dividends.

What others are saying about CDRO

One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.

Click below to see what other traders have to say.

Step 5: Execute your CDRO purchase

There are two primary order types:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are usually fine for most investors.
  • Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
    If you want to ensure you're buying or selling at an exact dollar amount, place a limit order.

Hit the Open Trade button and eToro will execute the order.

If you need additional help with investing in stocks on eToro, click the helpful video below:

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Step 6: Track your CDRO position

Now that you own some CDRO stock, you'll want to stay up-to-date on your new company.

Create a watchlist to keep track of your CDRO stock.

CDRO Feed

How to Buy Stock in Codere Online Luxembourg Sa

To summarize, here are the 6 steps to buy stock in Codere Online Luxembourg Sa:

  1. Decide where to buy Codere Online Luxembourg Sa stock
  2. Create your brokerage account
  3. Put funds into your investment account
  4. Evaluate Codere Online Luxembourg Sa stock
  5. Execute your CDRO purchase
  6. Track your CDRO position

If you need a online brokerage, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to keep track of your investment in Codere Online Luxembourg Sa, add CDRO to your watchlist below.

NASDAQ: CDRO
$6.83-0.11 (-1.59%)
Updated Apr 24, 2024
Open eToro Account
NASDAQ: CDRO
$6.83-0.11 (-1.59%)
Updated Apr 24, 2024
Open eToro Account

FAQ

How much does it cost to buy one Codere Online Luxembourg Sa share?

As of Apr 24, 2024, it costs $6.83 to buy one share of Codere Online Luxembourg Sa stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $3, you can buy 0.439 shares of CDRO.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Codere Online Luxembourg Sa stock?

According to 1 Wall Street analysts who monitor Codere Online Luxembourg Sa, their consensus recommendation is to buy Codere Online Luxembourg Sa stock.

What is the best way to buy Codere Online Luxembourg Sa stock?

One way to place an order for Codere Online Luxembourg Sa stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.