International Speedway Corporation (ISCA) has been one of the best performers amongst all NYSE and NASDAQ listed stocks in the services sector during morning trading on September 22. At the lunch break, shares of ISCA have tacked on 3.24% to $34.07 after closing the day prior at $33.0. In the first two and a half hours of trading, the stock has gone as high as $34.09 and as low as $33.22. Today’s rise has come with about 171,655 shares changing hands, compared to an average 30-day volume of 76,799 for International Speedway Corporation. The price is currently below the 30-day volume weighted average price of $33.75 for ISCA.
The share appreciation gives the company a market capitalization of $1.52 billion based upon 45.97 million shares outstanding. It also means that ISCA has a price-to-book ratio of 1.09:1.
In the past 52 weeks, shares of ISCA have traded as low as $29.71 and as high as $37.87. Technical traders will take note that at $34.07, shares of ISCA are trading above their 200-day MA at $33.66 and above their 50-day MA at $33.88. 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 ISCA?
International Speedway Corp is an owner of motorsports entertainment facilities and promoter of motorsports themed entertainment activities in the United States. The company’s 807 employees are led by CEO Lesa France Kennedy from the corporate headquarters at One Daytona Boulevard in Daytona Beach, FL.
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