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Shares of GCO Down 24.2% Since Downtrend Call on Shares

By Nick Russo

SmarTrend identified a Downtrend for Genesco Inc (NYSE:GCO) on June 27th, 2019 at $42.52. In approximately 2 months, Genesco Inc has returned 24.18% as of today's recent price of $32.24.

In the past 52 weeks, shares of Genesco Inc have traded between the current low of $31.65 and a high of $51.85 and are now at $32.37. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.6% while the 200-day MA has slid 0.3%.

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 Inc.

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

Keywords: spotlights genesco inc

Ticker(s): GCO