May 14, 2013 (52 Week high-lows via COMTEX) -- Shares of Genesis Energy (AMEX:GEL) traded today at $52.90, breaking its 52-week high. So far today approximately 147,000 shares have been exchanged, as compared to an average 30-day volume of 249,000 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) defies analysts with a current price ($52.00) 9.1% above its average consensus price target of $47.27. The stock should find initial support at its 50-day moving average (MA) of $47.43 and further support at its 200-day MA of $38.28.

In the past 52 weeks, shares of Genesis Energy have traded between a low of $26.70 and a high of $52.90 and are now at $52.00, which is 95% above that low price. The 200-day and 50-day moving averages have moved 0.83% higher and 0.81% higher over the past week, respectively.

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