Periscope Capital Inc. trimmed its stake in shares of Silver Eagle Acquisition Corp (OTCMKTS:EAGL) by 21.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 808,000 shares of the company’s stock after selling 227,000 shares during the quarter. Silver Eagle Acquisition Corp comprises 3.0% of Periscope Capital Inc.’s portfolio, making the stock its 7th largest position. Periscope Capital Inc. owned approximately 5.47% of Silver Eagle Acquisition Corp worth $8,080,000 as of its most recent filing with the Securities and Exchange Commission.
COPYRIGHT VIOLATION WARNING: “Periscope Capital Inc. Sells 227,000 Shares of Silver Eagle Acquisition Corp (EAGL)” was reported by Markets Daily and is the property of of Markets Daily. If you are reading this news story on another domain, it was illegally copied and republished in violation of United States and international trademark & copyright law. The correct version of this news story can be read at https://www.themarketsdaily.com/2017/09/10/periscope-capital-inc-sells-227000-shares-of-silver-eagle-acquisition-corp-eagl.html.
Shares of Silver Eagle Acquisition Corp (OTCMKTS:EAGL) remained flat at $10.10 during mid-day trading on Friday. The company had a trading volume of 1,250,796 shares. The company has a market capitalization of $149.33 million and a PE ratio of 1010.00. The stock’s 50 day moving average price is $10.05 and its 200 day moving average price is $10.03. Silver Eagle Acquisition Corp has a 1-year low of $9.75 and a 1-year high of $10.20.
Silver Eagle Acquisition Corp Company Profile
Silver Eagle Acquisition Corp. is a United States-based blank check company. The Company will seek to capitalize on the deal sourcing, investing and operating to indentify, acquire and operate media or entertainment businesses, including providers of content in the United States or internationally, although it may pursue acquisition opportunities in other sectors.
Want to see what other hedge funds are holding EAGL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Silver Eagle Acquisition Corp (OTCMKTS:EAGL).
Receive News & Ratings for Silver Eagle Acquisition Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Silver Eagle Acquisition Corp and related companies with MarketBeat.com's FREE daily email newsletter.