Bullish MACD for Genesco – Tale of the Tape (GCO)

Zacks

Genesco Inc.’s (GCO) MACD indicator has entered into bullish territory with a reading of 0.3450. The Zacks #2 Rank (“Buy”) stock increased slightly to $50.93 in morning trade. The Zacks Consensus Estimate for the year ending January 2012 has increased by 8 cents over the past month to $3.39 per share.

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