Austal Limited (OTCMKTS:AUTLF – Get Free Report)’s stock price gapped up prior to trading on Thursday . The stock had previously closed at $2.4580, but opened at $2.75. Austal shares last traded at $2.75, with a volume of 500 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, Zacks Research upgraded Austal to a “hold” rating in a report on Friday, April 24th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock presently has an average rating of “Hold”.
Read Our Latest Stock Analysis on AUTLF
Austal Stock Performance
About Austal
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.
Recommended Stories
- Five stocks we like better than Austal
- MarketBeat Week in Review – 08/03 – 08/07
- Datadog’s Drop Says More About Expectations Than Earnings
- D-Wave’s Quantum Breakthrough Couldn’t Save QBTS From a Sell-Off
- Cloudflare’s Beat-and-Raise Quarter Puts Its AI Edge Story in Focus
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.
