TMCnet News
Downgrade Alert for Guess? (GES)Feb 05, 2013 (SmarTrend(R) Upgrades/Downgrades via COMTEX) -- Guess (NYSE:GES) was downgraded from Neutral to Underperform at Buckingham today. The stock closed yesterday at $25.95 on volume of 2.1 million shares, above average daily volume of 1.0 million. Guess share prices have moved between a 52-week high of $37.15 and a 52-week low of $22.48 and closed yesterday at 15% above that low price at $25.95 per share. The 200-day and 50-day moving averages have moved 0.16% lower and 0.76% higher over the past week, respectively. Guess (NYSE:GES) has potential upside of 6.0% based on a current price of $25.95 and analysts' consensus price target of $27.50. The stock should find resistance at its 200-day moving average (MA) of $26.85, as well as support at its 50-day MA of $25.64. Guess , Inc. designs, markets, distributes, and licenses a collection of casual apparel, accessories, and related consumer products. The Company's apparel for men, women, and girls is marketed under trademarks such as Guess , Guess U.S.A., and Triangle Design. Guess provides full collections of denim and cotton clothing and has granted licenses to manufacture complementary products. SmarTrend is tracking the current trend status for Guess and will alert subscribers who have GES in their portfolio or watchlist when shares have changed trend direction. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup |