May 09, 2013 (52 Week high-lows via COMTEX) -- Shares of Genesis Energy (AMEX:GEL) traded today at $51.48, breaking its 52-week high. This new high was reached on below average trading volume as 105,000 shares traded hands, while the average 30-day volume is approximately 241,000 shares.

Genesis Energy, L.P. owns and operates crude oil gathering, marketing, and pipeline operations. The Company purchases and aggregates crude oil at the wellhead and at pipeline and terminal facilities for resale to refineries and other customers. Genesis Energy operates principally in Texas, Louisiana, New Mexico, Florida, Mississippi, Kansas, and Oklahoma.

Genesis Energy (AMEX:GEL) is currently priced 7.7% above its average consensus analyst price target of $47.27. Genesis Energy shares have support at the 50-day moving average (MA) of $47.05 and additional support at the 200-day MA of $37.96.

In the past 52 weeks, Genesis Energy share prices have been bracketed by a low of $26.70 and a high of $51.48 and are now at $51.20, 92% above that low price. The 200-day and 50-day moving averages have moved 0.75% higher and 0.72% higher over the past week, respectively.

---------------------------------------------------------------------------------------------

Financial News Network Online (FNNO) is a leading provider of digital financial news content for distribution on the web. You can count on FNNO to bring you the latest market news, earnings reports, analyst comments, economic data reports and more. Visit http://www.fnno.com today.

Copyright, Comtex News Network, Inc. 2013