Silver Eagle Acquisition (OTCMKTS:EAGL) Stock Crosses Above 200-Day Moving Average of $0.00

Silver Eagle Acquisition Corp (OTCMKTS:EAGL) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.00 and traded as high as $9.41. Silver Eagle Acquisition shares last traded at $9.31, with a volume of 170,795 shares changing hands.

The firm’s 50-day moving average price is $9.89.

Several institutional investors and hedge funds have recently made changes to their positions in the company. Citigroup Inc. bought a new position in shares of Silver Eagle Acquisition in the fourth quarter worth approximately $1,462,000. BlackRock Inc. bought a new position in shares of Silver Eagle Acquisition in the fourth quarter worth approximately $10,080,000. Arrowgrass Capital Partners US LP bought a new position in shares of Silver Eagle Acquisition in the fourth quarter worth approximately $15,120,000. Finally, Deutsche Bank AG increased its position in shares of Silver Eagle Acquisition by 559.5% in the fourth quarter. Deutsche Bank AG now owns 2,308,302 shares of the company’s stock worth $23,266,000 after purchasing an additional 1,958,302 shares during the last quarter.

About Silver Eagle Acquisition (OTCMKTS:EAGL)

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.

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