Large Inflow of Money Detected in Caesars Acquisition Company

Caesars Acquisition Company (CACQ): $2.09 million was the positive money flow into the stock on Monday and the up/down ratio of ticks was also in favor of the bulls at 25.8. The value of trades done on upticks was $2.17 million, whereas, trades done on downticks were valued at $0.08 million. Money flows are calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades. large traders, also sometimes called as the smart money, block traded $2.07 million worth stocks on upticks, which is a bullish indication. The money flow in block trades was $2.07 million. Caesars Acquisition Company (CACQ) fell $0.08 traded at $11.4, a change of -0.7% over the previous day. The stock is 3.64% for the week.


Shares of Caesars Acquisition Company rose by 5.41% in the last five trading days and 4.45% for the last 4 weeks. Caesars Acquisition Company is up 16.53% in the last 3-month period. Year-to-Date the stock performance stands at 68.72%.

Caesars Acquisition Company (NASDAQ:CACQ): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $11.50 and $11.20 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $11.82. The buying momentum continued till the end and the stock did not give up its gains. It closed at $11.49, notching a gain of 0.09% for the day. The total traded volume was 227,736 . The stock had closed at $11.48 on the previous day.

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. CACs primary asset is its membership interest in CGP LLC and does not have any operations other than through its interest in CGP LLC. CGP LLC is a casino asset and entertainment company focused on acquiring and developing a portfolio of high-growth operating assets and equity and debt investments in the gaming and interactive entertainment industries. CGP LLCs Interactive Entertainment business consists of three units: social and mobile games, the World Series of Poker (WSOP) and regulated online real money gaming. CGP LLCs Casino Properties and Developments include Planet Hollywood, The LINQ Hotel & Casino, Ballys Las Vegas, The Cromwell, Horseshoe Baltimore, Harrahs New Orleans, and a 50% interest in the management fee paid in connection with the management agreements for each of these properties.

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