General Dynamics Corporation (NYSE:GD) traded at a new 52-week high today of $204.62. So far today approximately 357,000 shares have been exchanged, as compared to an average 30-day volume of 789,000 shares.
Over the past year, General Dynamics Corporation has traded in a range of $129.17 to $204.62 and is now at $204.33, 58% above that low.
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 mostly 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 buisiness 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.
General Dynamics Corporation (NYSE:GD) is currently priced 5.3% above its average consensus analyst price target of $193.42.
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