Caesars Acquisition (CACQ) Receiving Somewhat Positive Media Coverage, Accern Reports
Media headlines about Caesars Acquisition (NASDAQ:CACQ) have been trending somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Caesars Acquisition earned a media sentiment score of 0.21 on Accern’s scale. Accern also gave news articles about the company an impact score of 44.9399130912438 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Caesars Acquisition (NASDAQ:CACQ) traded up 1.32% on Friday, reaching $19.20. The company’s stock had a trading volume of 144,089 shares. The firm has a market capitalization of $2.67 billion, a P/E ratio of 4.43 and a beta of 0.59. Caesars Acquisition has a 52-week low of $10.00 and a 52-week high of $20.75. The firm has a 50-day moving average price of $19.50 and a 200 day moving average price of $17.07.
Separately, BidaskClub cut Caesars Acquisition from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, June 20th.
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In other Caesars Acquisition news, CFO Craig Justin Abrahams sold 20,000 shares of Caesars Acquisition stock in a transaction on Tuesday, June 6th. The stock was sold at an average price of $19.66, for a total transaction of $393,200.00. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. 0.17% of the stock is owned by insiders.
About Caesars Acquisition
Caesars Acquisition Company (CAC) owns voting membership units of Caesars Growth Partners, LLC (CGP LLC), a joint venture between CAC and subsidiaries of Caesars Entertainment Corporation (CEC or Caesars Entertainment). CAC serves as CGP LLC’s managing member and sole holder of its outstanding voting units.
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