News articles about Caesars Acquisition (NASDAQ:CACQ) have trended somewhat positive on Sunday, according to Accern Sentiment Analysis. The research firm ranks the sentiment of media coverage by monitoring 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 closest to one being the most favorable. Caesars Acquisition earned a daily sentiment score of 0.16 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 45.9196894138792 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Caesars Acquisition (CACQ) opened at 19.25 on Friday. The stock’s 50 day moving average price is $18.82 and its 200 day moving average price is $17.75. Caesars Acquisition has a one year low of $10.00 and a one year high of $20.75. The company has a market capitalization of $2.68 billion, a P/E ratio of 4.44 and a beta of 0.60.
Separately, BidaskClub upgraded Caesars Acquisition from a “buy” rating to a “strong-buy” rating in a report on Saturday, June 10th.
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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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