Why Is Genesco Inc. (NYSE: GCO) Stock Down Today?

Genesco Inc. (NYSE: GCO) Summary

Genesco Inc. (NYSE: GCO) is trading down -1.50% at $34.56, reflecting a negative shift in investor sentiment today. The stock opened at $33.84 and has moved between $33.84 and $34.99 so far.

Trading volume is 84638, which is 58% below its average, and the price action suggests selling interest.

Technically, GCO on the NYSE is trading below its 50-day moving average of $36.01 and above its 200-day moving average of $32.01, indicating short-term weakness but long-term strength.

Meyka's AI assigns GCO a grade of B (Overall moderate), reflecting its assessment of fundamentals and sentiment. Forecast models project potential returns of +12.63% in 1 month ($38.92), -0.71% in 1 year ($34.31), and +14.14% in 5 years ($39.44).

See full chart, check forecasting details, or see the AI grade breakdown to explore what's driving this stock's movement on the NYSE.
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