General Dynamics Corporation (GD) Well Positioned for Future Growth in the Market

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pictured is a Falcon US Military Aircraft manufactured and sold to the US air force by the General Dynamics Corporation

Reynolds Catherine B, Director, bought 600 shares of the General Dynamics Corporation (NYSE:GD) in an exchange that happened on December 7th, 2018. The stock was bought at an average price of $167.64 per share, amounting to a transaction worth $100,585. The purchase was made public in a document filed with the SEC. Additionally, Director Malcolm Mark bought 3,000 shares of this stock in a transaction that took place on October 26th, 2018. The stock was bought at an average price of $169.87 per share, for a total exchange amounting to $509,612. After the transaction, the Director Malcolm Mark currently holds 4,455 shares of the company’s stock, which is worth approximately $761850.

General Dynamics Corporation (NYSE:GD) most recently published its quarterly earnings results. The firm posted $2.89 earnings per share (EPS) for the three-month period, surpassing analysts’ consensus estimate of $2.76 by $0.13. The publicly-traded organization reported revenue of $9,094.00 million for the quarter, compared to the average analyst forecast calling for $9,383.97 million, which was missing the analyst consensus estimate.

Shares of General Dynamics Corporation (GD) plunged -0.12%, amounting to a loss of -$0.21000000000001 per share, to finish the regular trading session at $171.01 on Thursday 12/13/2018. After beginning the session at $172.16, shares of General Dynamics Corporation reached as high as $173.185 during the day, while hitting a 1-day low of $170.5. Trade volume reached 2,760,726 shares against this stock’s average daily volume of 1.63M shares, with a total float of 278.93M. As a consequence of the price decrease, General Dynamics Corporation now has a current market value of 51.75B.

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