Genesee & Wyoming (NYSE:GWR) traded today at a new 52-week high of $93.30. This new high was reached on below average trading volume as 60,000 shares traded hands, while the average 30-day volume is approximately 387,000 shares.

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.

Genesee & Wyoming has overhead space with shares priced $93.30, or 3.5% below the average consensus analyst price target of $96.67. The stock should discover initial support at its 50-day moving average (MA) of $85.54 and subsequent support at its 200-day MA of $69.46.

Genesee & Wyoming share prices have moved between a 52-week high of $93.30 and a 52-week low of $47.08 and are now trading 98% above that low price at $93.30 per share. Over the past week, the 200-day moving average (MA) has gone up 0.9% while the 50-day MA has advanced 1.2%.

SmarTrend recommended that subscribers consider buying shares of Genesee & Wyoming on November 23rd, 2012 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $71.61. Since that recommendation, shares of Genesee & Wyoming have risen 29.9%. We continue to monitor GWR for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.