Shares of Genesco (NYSE:GCO) traded today at $53.18, breaking its 52-week low. So far today approximately 450,000 shares have been exchanged, as compared to an average 30-day volume of 364,000 shares.
In the past 52 weeks, Genesco share prices have been bracketed by a current low of $53.18 and a high of $78.97 and are now at $53.81. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.1% while the 200-day MA has remained constant.
Genesco (NYSE:GCO) has potential upside of 49.2% based on a current price of $53.81 and analysts' consensus price target of $80.29. The stock should find initial resistance at its 50-day moving average (MA) of $61.35 and further resistance at its 200-day MA of $66.55.
Genesco Inc. retails branded footwear, licensed and branded headwear, and wholesales branded footwear. The Company operates stores throughout the United States, Puerto Rico, and Canada.