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Guess? Inc: The Winning Streak Continues (GES)

By Shiri Gupta

Guess? Inc (NYSE:GES) traded at a new 52-week high today of $25.99. So far today approximately 118,000 shares have been exchanged, as compared to an average 30-day volume of 1.2 million shares.

Guess?, Inc. designs, markets, distributes, and licenses a collection of casual apparel, accessories, and related consumer products. The Company's apparel for men, women, and girls are marketed under branded names. Guess? provides full collections of denim and cotton clothing and has granted licenses to manufacture complementary products.

Guess? Inc (NYSE:GES) defies analysts with a current price ($25.97) 24.9% above its average consensus price target of $19.50. Guess? Inc shares have support at the 50-day moving average (MA) of $21.56 and additional support at the 200-day MA of $17.48.

Guess? Inc share prices have moved between a 52-week high of $25.99 and a 52-week low of $9.56 and are now trading 172% above that low price at $25.97 per share. Over the last five market days, the 200-day moving average (MA) has gone up 1.8% while the 50-day MA has advanced 4.5%.

SmarTrend recommended that subscribers consider buying shares of Guess? Inc on March 22nd, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $18.83. Since that recommendation, shares of Guess? Inc have risen 35.1%. We continue to monitor GES for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: 52 week high/lows guess? inc

Ticker(s): GES