General Dynamics Corp (NYSE:GD) currently has a daily average trading volume of 1.15M but it saw 1925948 shares traded in last market. With a market cap of 80.41B USD, the company’s current market price of $292.42 came falling about -6.88 while comparing to the previous closing price of $314.03. In past 52 weeks, the stock remained buoying in the range of price level as high as $316.90 and as low as $243.87. In the recent trading on the day, stock has struck highest price mark of $291.805 while lowest mark touched by it was $314.85.
Taking a look at 20-day trading activity of General Dynamics Corp (GD) gives us an average price of $303.45, while its current price level is -7.72% below from 52-week high level whereas it is 19.91% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $302.53 while that of 200 days or SMA-200 reads an average of $290.90. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.76% during that period while stretching the period over a month that decreases to 1.80%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 40.39 which implies that the stock is in neutral territory.
Wells Fargo downgraded its recommendation for the stock as a “Equal Weight” from “Overweight” on October 01, 2024 while assigning a price target range of $334-$317. Morgan Stanley issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $293 and $345.
Over the week, GD’s stock price is moving -4.44% down while it is -4.08% when we observe its performance for the past one month. Year-to-date it is 12.61% up and over the past year, the stock is showing an upside performance of 17.98%.
Currently, General Dynamics Corp’s total number of outstanding shares is 273.60M. Company’s return on investment (ROI) stands at 11.44% and return on equity (ROE) at 16.95%. It has a price to earnings ratio (P/E ratio) of 22.27 while having a 18.16 of forward P/E ratio. Stock’s beta reads 0.62. Stock has a price to book (P/B) ratio of 3.50 while price to sale or P/S ratio amounts to 1.75. Its return on asset (ROA) is 6.57% on average.
