Large Inflow of Money Witnessed in General Dynamics Corporation

General Dynamics Corporation (GD): $11.01 million was the positive money flow into the stock on Thursday and the up/down ratio of ticks was also in favor of the bulls at 1.3. The value of trades done on upticks was $47.96 million, whereas, trades done on downticks were valued at $36.95 million. Money flows are calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades. large traders, also sometimes called as the smart money, block traded $12.22 million worth stocks on upticks, which is a bullish indication. The money flow in block trades was $12.22 million. General Dynamics Corporation (GD) fell $1.2 traded at $138.69, a change of -0.86% over the previous day. The stock is -1.87% for the week.


General Dynamics Corporation (GD) stock is expected to deviate a maximum of $7.32 from the average target price of $164.89 for the short term period. 9 Street Experts have initiated coverage on the stock with the most promising target being $175 and the most muted being $152. The stock has recorded a 20-day Moving Average of 0.24% and the 50-Day Moving Average is 1.27%.

General Dynamics Corporation (NYSE:GD): The stock opened at $139.69 on Thursday but the bulls could not build on the opening and the stock topped out at $140.90 for the day. The stock traded down to $138.36 during the day, due to lack of any buying support eventually closed down at $138.69 with a loss of -0.86% for the day. The stock had closed at $139.89 on the previous day. The total traded volume was 1,439,291 shares.

General Dynamics Corporation is an aerospace and defense company that offers a portfolio of products and services in business aviation; combat vehicles, weapons systems and munitions; communications and information technology systems and solutions, and military and commercial shipbuilding. The Company operates through four business groups: Aerospace, Combat Systems, Information Systems and Technology and Marine Systems. Aerospace group designs, manufactures and outfits a family of Gulfstream business-jet aircraft and provides aircraft services. Combat Systems group is engaged in systems engineering, spanning design, development, manufacture and support of military vehicles, weapons systems and munitions. Marine Systems group designs, builds and supports submarines and surface ships. Information Systems and Technology group provides technologies, products and services that support a range of military, federal/civilian and commercial information-systems requirements.

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