Shares of Austal Limited (OTCMKTS:AUTLF – Get Free Report) hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $2.6850 and last traded at $2.6850, with a volume of 1542 shares traded. The stock had previously closed at $2.77.
Analyst Ratings Changes
Separately, Zacks Research upgraded Austal to a “hold” rating in a research report on Friday, April 24th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Austal currently has an average rating of “Hold”.
Get Our Latest Research Report on Austal
Austal Stock Down 3.0%
Austal Company Profile
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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