NEW YORK (

TheStreet

) --

Genesco

(NYSE:

GCO

) hit a new 52-week high Thursday as it is currently trading at $63.31, above its previous 52-week high of $62.51 with 30,971 shares traded as of 9:35 a.m. ET. Average volume has been 343,700 shares over the past 30 days.

Genesco has a market cap of $1.4 billion and is part of the

services

sector and

retail

industry. Shares are up 65.8% year to date as of the close of trading on Wednesday.

Genesco Inc. engages in the retail of footwear, headwear, and sports apparel and accessories; and the wholesale of footwear. Its Journeys Group segment operates the Journeys, Journeys Kidz, and Shi by Journeys retail footwear chains, as well as involves in catalog and e-commerce operations. The company has a P/E ratio of 19.9, above the average retail industry P/E ratio of 19.2 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Genesco as a

buy

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, good cash flow from operations and solid stock price performance. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full

Genesco Ratings Report

.

See all

52-week high stocks

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