Austal (OTCMKTS:AUTLF) Shares Up 15.7% – Still a Buy?

Austal Limited (OTCMKTS:AUTLF – Get Free Report) traded up 15.7% on Thursday. The stock traded as high as $2.95 and last traded at $2.95. 2,000 shares traded hands during trading, a decline of 80% from the average session volume of 9,811 shares. The stock had previously closed at $2.55.

Austal Stock Up 1.0%

The stock has a 50 day simple moving average of $3.01 and a 200-day simple moving average of $2.97.

Austal Company Profile

(Get Free Report)

Austal Limited is an Australian shipbuilder that designs, constructs and supports aluminum and steel vessels for commercial, defense and government customers. Its products include high-speed passenger and vehicle ferries, patrol boats, offshore vessels, naval ships and other specialized craft, along with related maintenance, repair and sustainment services.

Founded in 1988 and headquartered in Henderson, Western Australia, Austal has expanded from its Australian operations into international shipbuilding markets.

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