Caesars Acquisition (CACQ) Given Coverage Optimism Score of 0.21
Media headlines about Caesars Acquisition (NASDAQ:CACQ) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public 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 assigned headlines about the company an impact score of 46.1474116611562 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s analysis:
- Caesars cancels webcast after Vegas shooting, bankruptcy exit on track (finance.yahoo.com)
- Caesars expects casino unit to exit bankruptcy this week (uk.reuters.com)
- Caesars Entertainment Provides Update on Completion of Merger and Restructuring (finance.yahoo.com)
- Overbought Stock Recap: Caesars Acquisition Company (CACQ) – Wall Street Morning (wallstreetmorning.com)
- Caesars Clears Final Regulatory Hurdles to Emerge from Bankruptcy in October (casino.org)
Caesars Acquisition (NASDAQ CACQ) opened at 21.75 on Thursday. Caesars Acquisition has a 1-year low of $10.00 and a 1-year high of $22.05. The firm has a market capitalization of $3.02 billion, a P/E ratio of 5.02 and a beta of 0.64. The company has a 50-day moving average price of $19.36 and a 200 day moving average price of $18.33.
Separately, BidaskClub raised Caesars Acquisition from a “buy” rating to a “strong-buy” rating in a research note on Saturday, June 10th.
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Caesars Acquisition Company Profile
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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