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Genesco Down 23.4% Since SmarTrend Downtrend Call (GCO)

By James Quinn

SmarTrend identified a Downtrend for Genesco (NYSE:GCO) on December 23rd, 2016 at $62.70. In approximately 5 months, Genesco has returned 23.44% as of today's recent price of $48.00.

Genesco share prices have moved between a 52-week high of $74.21 and a 52-week low of $47.66 and are now trading 1% above that low price at $48.00 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.3% while the 200-day MA has remained constant.

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.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Genesco.

Log in and add Genesco (GCO) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights genesco

Ticker(s): GCO