General Dynamics Corporation (NYSE:GD) traded today at a new 12-month high of $218.60. So far today approximately 431,000 shares have been exchanged, as compared to an average 30-day volume of 1.2 million shares.
General Dynamics is a defense contractor and business jet manufacturer. The firm’s segments include aerospace, combat systems, marine, and technologies. The company’s aerospace segment creates Gulfstream business jets. Combat systems produces land-based combat vehicles, such as the M1 Abrams tank. The marine subsegment creates nuclear-powered submarines, among other things. The technologies segment contains two business units, an IT business that primarily serves the government market and a mission systems business that focuses on products that provide command, control, computers, intelligence, surveillance, and reconnaissance capabilities to the military.
In the past 12 months, General Dynamics Corporation share prices are bracketed by a low of $161.57 and a high of $218.60 and are now at $217.32, 35% above that low price.
General Dynamics Corporation is currently priced 1.1% above its average consensus analyst price target of $214.83.
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