user warning: Table './fnndrupaldev/term_node' is marked as crashed and last (automatic?) repair failed query: SELECT t.* FROM term_node r INNER JOIN term_data t ON r.tid = t.tid INNER JOIN vocabulary v ON t.vid = v.vid WHERE r.vid = 416639 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.

Shares of Genesco Under Pressure, Down 2.0%

Published on Mon, 01/07/2013 - 13:26
By Peter Chu

One of today's stocks on the move is Genesco (NYSE:GCO), down 2.0% to $56.36. The S&P is trading lower by 0.5% to 1,458 and the Dow is trading 0.6% lower to 13,356.

In the past 52 weeks, Genesco share prices have been bracketed by a low of $50.33 and a high of $78.97 and are now at $56.36, 12% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has declined 0.5%.

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.

Genesco has overhead space with shares priced $56.36, or 23.2% below the average consensus analyst price target of $73.38. The stock should hit resistance at its 200-day moving average (MA) of $64.50, as well as support at its 50-day MA of $55.91.

By Peter Chu
pchu@fnno.com

Latest News from FNNO

Zions Bancorporation (ZION) Crosses Pivo...

Zions Bancorporation (NASDAQ:ZION) has opened bearishly below the pivot of $29.46 today ...

Stock Investors Sell Off Shares of FormF...

FormFactor (NASDAQ:FORM) is a company whose shares are active, trading 2.5% lower to $7 ...

Abbott Laboratories (ABT) Approaches New...

Abbott Laboratories (NYSE:ABT) has opened bullishly above the pivot of $42.65 today and ...

Stock Investors Sell Off Shares of Farme...

Farmers Capital Bank (NASDAQ:FFKT) is one of today's notable stocks in decline, down 2. ...

Watch for Shares of Monsanto (MON) to Ap...

Shares of Monsanto (NYSE:MON) have bullishly opened above the pivot of $113.15 today an ...

Stock Investors Sell Off Shares of GenCo...

One of today's notable stocks in decline is GenCorp (NYSE:GY), down 2.5% to $16.88. Th ...

Watch for Shares of CSX (CSX) to Approac...

Shares of CSX (NYSE:CSX) have bullishly opened above the pivot of $31.41 today and have ...

Shares of DCP Midstream Partners Receive...

Up 2.6% to $54.45, DCP Midstream Partners (NYSE:DPM), is one of today's notable movers. ...