Headlines about Easterly Acquisition (NASDAQ:EACQ) have trended positive recently, Accern Sentiment reports. The research group scores the sentiment of news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Easterly Acquisition earned a daily sentiment score of 0.31 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 46.6103053147396 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

Easterly Acquisition (NASDAQ EACQ) remained flat at $$10.15 during trading on Friday. The stock had a trading volume of 25,073 shares, compared to its average volume of 5,143. The company has a market capitalization of $210.21, a PE ratio of -36.25 and a beta of 0.21. Easterly Acquisition has a 12-month low of $9.25 and a 12-month high of $10.15.

In other news, major shareholder Polar Asset Management Partner sold 300,000 shares of the stock in a transaction dated Tuesday, December 12th. The shares were sold at an average price of $10.06, for a total transaction of $3,018,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 24.10% of the company’s stock.

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About Easterly Acquisition

Easterly Acquisition Corp. is a blank check company. The Company was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The Company’s efforts to identify a target business will not be limited to a particular industry or geographic region, although it seeks to focus on companies operating in the financial services industry.

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