General Dynamics Corporation (GD) has risen sharply, recording gains of 3.19% in the past 4 weeks. However, the stock has corrected -0.53% in the past 1 week, providing a good buying opportunity on dips. 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 3.41% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.13%, relative to the S&P 500.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 0.65% and the fifty day Moving Average is 4.88%. General Dynamics Corporation is up 6.51% in the last three month period. Year-to-Date the stock performance stands at 12.21%.
General Dynamics Corporation (GD) : The consensus price target for General Dynamics Corporation (GD) is $165.57 for the short term with a standard deviation of $6.75. The most optimist securities analyst among the 7 who monitor the stock believes that the stock can reach $172, however, the pessimist price target for the company is $152.
General Dynamics Corporation (NYSE:GD): On Fridays trading session , Opening price of the stock was $152.93 with an intraday high of $153.19. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $150.96. However, the stock managed to close at $151.58, a loss of 0.72% for the day. On the previous day, the stock had closed at $152.68. The total traded volume of the day was 1,153,766 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.