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 3.44% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.96%, 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 1.47% in the last 1 week, and is up 3.3% 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 1.37% and the 50-Day Moving Average is 5.43%.The 200 Day SMA reached 11.23%. General Dynamics Corporation is up 10.22% in the last 3-month period. Year-to-Date the stock performance stands at 13.87%.
General Dynamics Corporation (NYSE:GD): After opening at $153.2, the stock dipped to an intraday low of $152.99 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $153.93 and the buying power remained strong till the end. The stock closed at $153.81 for the day, a gain of 0.63% for the day session. The total traded volume was 1,041,870. The stocks close on the previous trading day was $152.84.
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.