General Dynamics Corporation (GD) : During the past 4 weeks, traders have been relatively bearish on General Dynamics Corporation (GD), hence the stock is down -2.05% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.34% 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 1.15% in the last 1 week, and is up 2.23% 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 2.43% and the 50-Day Moving Average is 1.11%.
General Dynamics Corporation (NYSE:GD): The stock opened at $142.91 on Friday but the bulls could not build on the opening and the stock topped out at $143.00 for the day. The stock traded down to $142.04 during the day, due to lack of any buying support eventually closed down at $142.09 with a loss of -0.33% for the day. The stock had closed at $142.56 on the previous day. The total traded volume was 1,448,730 shares.
The company Insiders own 6.8% of General Dynamics Corporation shares according to the proxy statements. Institutional Investors own 90.95% of General Dynamics Corporation shares. In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Senior VP, Gen. Counsel, Sec.) of General Dynamics Corp, Gallopoulos Gregory S had sold 60,890 shares worth of $8,187,878 in a transaction dated February 18, 2016. In this transaction, 60,890 shares were sold at $134.47 per share.
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.