News coverage about Caesars Acquisition (NASDAQ:CACQ) has trended somewhat positive on Wednesday, Accern reports. The research firm rates the sentiment of media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Caesars Acquisition earned a daily sentiment score of 0.16 on Accern’s scale. Accern also gave news coverage about the company an impact score of 46.2523650024325 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Shares of Caesars Acquisition (NASDAQ CACQ) opened at 21.25 on Wednesday. Caesars Acquisition has a 12 month low of $10.00 and a 12 month high of $22.05. The stock’s 50 day moving average price is $19.49 and its 200-day moving average price is $18.40. The firm has a market capitalization of $2.95 billion, a PE ratio of 4.91 and a beta of 0.64.
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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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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