Press coverage about Caesars Acquisition Company (NASDAQ:CACQ) has been trending very positive recently, according to Accern. The research firm identifies negative and positive press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Caesars Acquisition Company earned a media sentiment score of 0.56 on Accern’s scale. Accern also assigned news articles about the company an impact score of 50 out of 100, indicating that recent press coverage is somewhat likely to have an impact on the company’s share price in the near term.

Here are some of the news articles that may have effected Accern Sentiment Analysis’s analysis:

Caesars Acquisition Company (NASDAQ CACQ) opened at 19.50 on Monday. Caesars Acquisition Company has a 52-week low of $10.00 and a 52-week high of $20.75. The company has a market cap of $2.71 billion, a price-to-earnings ratio of 4.41 and a beta of 0.59. The company’s 50-day moving average price is $18.84 and its 200-day moving average price is $15.81.

Separately, BidaskClub lowered Caesars Acquisition Company from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, June 20th.

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In other news, CFO Craig Justin Abrahams sold 20,000 shares of the company’s 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 through this hyperlink. Also, SVP Michael Daniel Cohen sold 10,000 shares of the company’s stock in a transaction on Friday, May 12th. The stock was sold at an average price of $17.68, for a total value of $176,800.00. The disclosure for this sale can be found here. Corporate insiders own 0.17% of the company’s stock.

Caesars Acquisition Company 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.

Insider Buying and Selling by Quarter for Caesars Acquisition Company (NASDAQ:CACQ)

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