Shares of Austal Limited (OTCMKTS:AUTLF – Get Free Report) saw an uptick in trading volume on Tuesday . 12,583 shares traded hands during mid-day trading, an increase of 31% from the previous session’s volume of 9,571 shares.The stock last traded at $3.20 and had previously closed at $2.6250.
Wall Street Analyst Weigh In
Separately, Zacks Research raised Austal to a “hold” rating in a research report on Friday, April 24th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, Austal presently has a consensus rating of “Hold”.
Get Our Latest Stock Report on Austal
Austal Stock Up 3.5%
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.
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