Isle of Capri Casinos Inc. (ISLE) was one of the best performers amongst all companies listed in the services sector on the NYSE and NASDAQ exchanges during trading on September 21, climbing 3.4% to wrap the day at $23.08 after closing the day prior at $22.32. Throughout the trading session, shares of ISLE rose as high as $23.32 and dipped as low as $22.1. Today’s advance came with about 1.57 million shares changing hands, compared to an average 30-day volume of 541,904 for Isle of Capri Casinos Inc.. The price is currently below the 30-day volume weighted average price of $22.75 for ISLE.
The share appreciation today gives the company a market capitalization of $921.88 million based upon 41.3 million shares outstanding. It also means that ISLE has a price-to-book ratio of 11.13:1.
In the past 52 weeks, shares of ISLE have traded as low as $10.62 and as high as $22.44. Technical traders will take note that at $23.08, shares of ISLE are trading above their 200-day MA at $15.23 and above their 50-day MA at $18.23. Technical analysts pay close attention to these key moving averages because they often serve as technical support and resistance levels and because a move through or holding above them is typically regarded as bullish.
Who is ISLE?
Isle of Capri Casinos Inc is a developer, owner and operator of regional gaming facilities and related dining, lodging and entertainment facilities in the United States. It owns and operates 15 gaming and entertainment facilities. The company’s 6600 employees are led by CEO Eric L. Hausler from the corporate headquarters at 600 Emerson Road in St. Louis, MO.
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