Austal Limited (OTCMKTS:AUTLF – Get Free Report) shares traded up 4.7% on Wednesday. The stock traded as high as $3.35 and last traded at $3.35. 11,500 shares were traded during mid-day trading, an increase of 12% from the average session volume of 10,232 shares. The stock had previously closed at $3.20.
Austal Stock Performance
The firm’s fifty day moving average price is $2.89 and its two-hundred day moving average price is $3.03.
Austal Company Profile
Austal Limited is an Australian shipbuilder that designs, manufactures and supports high-speed aluminum vessels and other specialized marine platforms. Its products include passenger and vehicle ferries, patrol boats, offshore vessels and naval ships for commercial, government and defense customers.
The company is also active in the construction of steel ships through its United States operations. Austal USA has built vessels for the U.S. Navy and other government agencies, including littoral combat ships and expeditionary fast transport vessels, while Austal’s broader portfolio includes autonomous and remotely operated maritime systems.
Founded in Western Australia in 1988, Austal serves customers internationally through shipbuilding, maintenance and support facilities in Australia, the United States and other locations in the Asia-Pacific region.
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