Genesco (NYSE:GCO) is a company whose shares are active, trading 2.2% lower to $54.13. The Dow is 13,026 and the S&P is currently 1,416.
There is potential upside of 48.3% for shares of Genesco based on a current price of $54.13 and an average consensus analyst price target of $80.29. Genesco shares should first meet resistance at the 50-day moving average (MA) of $61.35 and find additional resistance at the 200-day MA of $66.55.
Genesco share prices have moved between a 52-week high of $78.97 and a 52-week low of $53.39 and are now trading 1% above that low price at $54.13 per share. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 1.1%.
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.