Austal (OTCMKTS:AUTLF) Stock Price Up 3.7% – Here’s Why

Austal Limited (OTCMKTS:AUTLFGet Free Report)’s share price rose 3.7% on Thursday . The company traded as high as $3.1112 and last traded at $3.1112. Approximately 1,000 shares were traded during trading, a decline of 90% from the average daily volume of 10,088 shares. The stock had previously closed at $3.00.

Austal Price Performance

The stock has a 50-day moving average price of $2.81 and a 200 day moving average price of $3.08.

About Austal

(Get Free Report)

Austal is a global shipbuilding and defense contractor specializing in the design, construction, and support of high-speed aluminum vessels. Headquartered in Henderson, Western Australia, the company delivers commercial ferries, patrol boats, and military transport ships to navies and ferry operators worldwide. Its focus on lightweight, fuel-efficient hull designs has made it a preferred partner for customers seeking rapid-transit and littoral operations capabilities.

Founded in 1988, Austal began as a commercial ferry builder and has since expanded into defense markets, securing major contracts with the U.S.

See Also

Receive News & Ratings for Austal Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Austal and related companies with MarketBeat.com's FREE daily email newsletter.