Breaking Finance News

Caesars Acquisition Company (NASDAQ:CACQ) has been downgraded to Buy in a statement by BidaskClub earlier today.

Having a price of $19.35, Caesars Acquisition Company (NASDAQ:CACQ) traded 0.79% higher on the day. With the last close up 8.45% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.04% over the same period. CACQ has recorded a 50-day average of $18.82 and a two hundred day average of $17.75. Trade Volume was up over the average, with 1,127,759 shares of CACQ changing hands over the typical 253,119

BidaskClub has downgraded Caesars Acquisition Company (NASDAQ:CACQ) to Buy in a statement released on 06/20/2017.

Recent Performance Chart

Caesars Acquisition Company (NASDAQ:CACQ)

Caesars Acquisition Company has PE ratio of 4.44 with a one year low of $10.00 and a one year high of $20.75 and has a market capitalization of $0.

General Company Details For Caesars Acquisition Company (NASDAQ:CACQ)

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. CGP LLC is a casino asset and entertainment company. Through its relationship with Caesars Entertainment, CGP LLC has the ability to access Caesars Entertainment's management know-how, brand equity, Total Rewards loyalty program and structural synergies. As of December 31, 2016, CGP LLC's Interactive Entertainment business consisted of two operating units: The World Series of Poker (WSOP) and regulated online real money gaming (RMG). CGP LLC's casino properties and developments include Planet Hollywood Resort & Casino in Las Vegas (Planet Hollywood), The LINQ Hotel & Casino, Bally's Las Vegas, The Cromwell, Horseshoe Baltimore Casino (Horseshoe Baltimore) and Harrah's New Orleans.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.