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zacks

Bearish MACD for International Speedway

  • By Abhijit Ghosh
  • On 11:20 am EDT, Tuesday October 13, 2009

International Speedway Corp.’s (NasdaqGS: ISCA - News) MACD indicator has crossed over to bearish territory with a reading of -0.2032. The Zacks #4 Rank (“Sell) stock declined slightly to $26.80 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending Nov 2010 has decreased by 7 cents over the past week to $1.88 per share.

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