Large Outflow of Money Witnessed in General Dynamics Corporation

General Dynamics Corporation (GD) : The total negative money flow of $4.95 million on Tuesday indicates selling on strength. The inflow of money on upticks was $37.8 million, compared to $42.75 million outflow on downticks, which confirms distribution in the stock. The up to down ratio was 0.88. The negative money flow of $8.71 million in block trades reveals that the informed traders sold the stock on every bit of price strength. The traded value of the stock on uptick was $8.3 million in a block trade.The transaction value of block trade on downtick was $17.01 million. The uptick to downtick ratio was 0.49. The price action in the General Dynamics Corporation (GD) stock suggests that both the bulls and the bears were in equilibrium. The stock traded at $141.93 with a gain of $0.74 , a change of 0.52% over the previous days close. The stock registered 1.03% for the week.


The company Insiders own 6.8% of General Dynamics Corporation shares according to the proxy statements. Institutional Investors own 90.86% of General Dynamics Corporation shares. In an insider trading activity, Gallopoulos Gregory S, officer (Senior VP, Gen. Counsel, Sec.) of General Dynamics Corp, unloaded 60,890 shares at an average price of $134.47 on February 18, 2016. The total amount of the transaction was worth $8,187,878, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Shares of General Dynamics Corporation rose by 2.26% in the last five trading days and 0.58% for the last 4 weeks. General Dynamics Corporation is up 6.59% in the last 3-month period. Year-to-Date the stock performance stands at 4.78%.

General Dynamics Corporation (NYSE:GD): stock turned positive on Tuesday. Though the stock opened at $142.1, the bulls momentum made the stock top out at $142.689 level for the day. The stock recorded a low of $141.44 and closed the trading day at $141.54, in the green by 0.25%. The total traded volume for the day was 1,853,723. The stock had closed at $141.19 in the previous days trading.

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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