General Dynamics Corporation (GD) Shares are Up 0.88%

General Dynamics Corporation (GD) : Traders are bullish on General Dynamics Corporation (GD) as it has outperformed the S&P 500 by a wide margin of 1.42% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.71%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.88% in the last 1 week, and is up 0.88% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The stock has recorded a 20-day Moving Average of 1.46% and the 50-Day Moving Average is 2.78%.The 200 Day SMA reached 11.3%


General Dynamics Corporation (NYSE:GD): The stock opened in the green at $156.36 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $156.95 and a low of $154.69 for the day. The stock did not find buyers even at the lows and closed at $155.16 recording a loss of -0.29%. 1,856,926 shares exchanged hands during the trading day. The stock had closed at $155.16 in the previous days trading.

General Dynamics Corporation (GD) : Average target price received by General Dynamics Corporation (GD) is $165.57 with an expected standard deviation of $6.75. The most aggressive target on the stock is $172, whereas the most downbeat target is $152. 7 financial analysts are currently covering the stock.

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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