One of today's notable stocks on the rise is Genesee & Wyoming (NYSE:GWR), up 3.5% to $63.37. The Dow is up 1.0% to 16,532 and the S&P is currently up 0.9% to 1,970.
Genesee & Wyoming share prices have moved between a 52-week high of $105.49 and a 52-week low of $61.19 and are now trading 4% above that low price at $63.37 per share. The 200-day and 50-day moving averages have moved 0.66% lower and 1.12% lower over the past week, respectively.
Genesee & Wyoming (NYSE:GWR) has potential upside of 46.9% based on a current price of $63.37 and analysts' consensus price target of $93.07. Genesee & Wyoming shares should first meet resistance at the 50-day moving average (MA) of $70.08 and find additional resistance at the 200-day MA of $85.29.
Genesee & Wyoming Inc., through its subsidiaries, owns and operates short line and regional freight railroads and provides related rail services. The Company also provides railroad switching and related services to United States industries with extensive railroad facilities within their complexes. Genessee operates in the United States and Australia.