General Dynamics Corp’s recently made public that its Former Officer Graney Kevin M acquired Company’s shares for reported $1.24 million on Feb 10 ’25. In the deal valued at $256.39 per share,4,831 shares were bought.
Then, Schumacher Laura J sold 1,796 shares, generating $459,205 in total proceeds. Upon selling the shares at $255.68, the Director now owns 11,175 shares.
Before that, Schumacher Laura J bought 1,796 shares. General Dynamics Corp shares valued at $459,205 were divested by the Director at a price of $255.68 per share.
BTIG Research downgraded its General Dynamics Corp [GD] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Robert W. Baird’s analysts, who decreased its forecast for the stock in mid January from “an Outperform” to “a Neutral”. Vertical Research also remained covering GD and has decreased its forecast on January 06, 2025 with a “Hold” recommendation from previously “Buy” rating. RBC Capital Mkts revised its rating on December 19, 2024. It rated GD as “a Sector perform” which previously was an “an Outperform”.
Price Performance Review of GD
On Tuesday, General Dynamics Corp [NYSE:GD] saw its stock jump 0.27% to $242.60. Over the last five days, the stock has lost -5.36%. General Dynamics Corp shares have fallen nearly -7.93% since the year began. Nevertheless, the stocks have fallen -9.85% over the past one year. While a 52-week high of $316.90 was reached on 01/21/25, a 52-week low of $239.87 was recorded on 02/14/25. SMA at 50 days reached $262.19, while 200 days put it at $286.93.
Levels Of Support And Resistance For GD Stock
The 24-hour chart illustrates a support level at 240.98, which if violated will result in even more drops to 239.37. On the upside, there is a resistance level at 244.34. A further resistance level may holdings at 246.09. The Relative Strength Index (RSI) on the 14-day chart is 29.43, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -9.55, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 87.27%. Stochastics %K at 8.82% indicates the stock is a buying.
