Stocks falling to new 52 week lows on October 6 are International Speedway Corp, Ruby Tuesday, Inc, Vanguard Health Systems, Inc. C, Wesco Aircraft Holdings, Inc. C, and Pampa Energia SA. Investors are selling the stock and pushing it lower because they may think that these stocks were overvalued. This could be caused by earnings not meeting expectations, investor speculation, or a fall in market growth.
Shares of International Speedway Corp. (ISCA) fell by 3.32% or $-0.77/share to $22.43. In the past year, the shares have traded as low as $21.27 and as high as $32.12. On average, 179140 shares of ISCA exchange hands on a given day and today's volume is recorded at 106648. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $23.97 area but be careful because the stock may face selling pressure at this level.
Shares of Ruby Tuesday, Inc. (RT) fell by 1.26% or $-0.09/share to $7.07. In the past year, the shares have traded as low as $6.56 and as high as $15.57. On average, 915250 shares of RT exchange hands on a given day and today's volume is recorded at 1195213. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $7.91 area but be careful because the stock may face selling pressure at this level.
Shares of Vanguard Health Systems, Inc. C (VHS) traded higher by 1.59% or $0.14/share to $8.96. In the past year, the shares have traded as low as $8.69 and as high as $18.58. On average, 410570 shares of VHS exchange hands on a given day and today's volume is recorded at 41288. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $12.83 area but be careful because the stock may face selling pressure at this level.
Shares of Wesco Aircraft Holdings, Inc. C (WAIR) fell by 2.42% or $-0.23/share to $9.29. In the past year, the shares have traded as low as $9.29 and as high as $15.25. On average, 461550 shares of WAIR exchange hands on a given day and today's volume is recorded at 31519. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $12.24 area but be careful because the stock may face selling pressure at this level.
Shares of Pampa Energia SA (PAM) traded higher by 0.54% or $0.06/share to $11.12. In the past year, the shares have traded as low as $10.79 and as high as $19.18. On average, 85860 shares of PAM exchange hands on a given day and today's volume is recorded at 16075. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $12.40 area but be careful because the stock may face selling pressure at this level.
