Caesars Acquisition Co. (CACQ) Trading Up 6.4%
Caesars Acquisition Co. (NASDAQ:CACQ) shares were up 6.4% during trading on Friday . The company traded as high as $11.93 and last traded at $11.20, with a volume of 102,694 shares trading hands. The stock had previously closed at $10.53.
The company’s 50-day moving average price is $11.01 and its 200 day moving average price is $7.70. The stock has a market capitalization of $1.51 billion and a P/E ratio of 46.197.
Caesars Acquisition Company (CAC) was formed to make an equity investment in Caesars Growth Partners, LLC (CGP LLC), a joint venture between CAC and Caesars Entertainment Corporation. CAC’s primary asset is its membership interest in CGP LLC and does not have any operations other than through its interest in CGP LLC.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.