General Dynamics Reaches New 52-Week High (GD)

NEW YORK ( TheStreet) -- General Dynamics (NYSE: GD) hit a new 52-week high Monday as it is currently trading at $83.07, above its previous 52-week high of $83.06 with 304,319 shares traded as of 11 a.m. ET. Average volume has been two million shares over the past 30 days.

General Dynamics has a market cap of $29.12 billion and is part of the industrial goods sector and aerospace/defense industry. Shares are up 19% year to date as of the close of trading on Friday.

General Dynamics Corporation, an aerospace and defense company, provides business aviation; combat vehicles, weapons systems, and munitions; military and commercial shipbuilding; and communications and information technology products and services worldwide.

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TheStreet Ratings rates General Dynamics as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full General Dynamics Ratings Report.

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