Shares of General Dynamics Corporation (GD) Sees Large Inflow of Net Money Flow

General Dynamics Corporation (GD) : General Dynamics Corporation (GD) had a healthy money flow of $4.42 million into the stock during the Wednesdays trading session. The value of bullish trades on upticks was $16.66 million, whereas, investors only sold shares worth $12.24 million on downticks. The stock closed the day with an up-down ratio of 1.36.The money flow in the block trades to the tune of $2.78 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $2.78 million worth of transactions were on upticks. General Dynamics Corporation (GD) stock slid $0.1 intraday and traded at 155.18, a change of -0.06% over previous days close. However, for the week, the company shares are 0.89% compared to previous weeks close.


Shares of General Dynamics Corporation rose by 1.9% in the last five trading days and 2.09% for the last 4 weeks. General Dynamics Corporation is up 15.03% in the last 3-month period. Year-to-Date the stock performance stands at 15.49%.

General Dynamics Corporation (GD) : The consensus on General Dynamics Corporation (GD) based on 12 analyst recommendation on the company stock is 1.33, which is interpreted as a Strong Buy recommendation. Zacks Investment Research has issued a rank of 2 which endorses a Buy on the stock. However, 10 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 2 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

General Dynamics Corporation (NYSE:GD): The stock opened at $155.77 and touched an intraday high of $156.2082 on Wednesday. During the day, the stock corrected to an intraday low of $155.1, however, the bulls stepped in and pushed the price higher to close in the green at $156.01 with a gain of 0.47% for the day. The total traded volume for the day was 1,083,328. The stock had closed at $155.28 in the previous trading session.

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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