Austal Limited (OTCMKTS:AUTLF – Get Free Report) shares shot up 4.7% during mid-day trading on Wednesday . The stock traded as high as $3.35 and last traded at $3.35. Approximately 11,500 shares were traded during trading, an increase of 12% from the average daily volume of 10,232 shares. The stock had previously closed at $3.20.
Austal Stock Performance
The business’s 50 day moving average price is $2.87 and its 200 day moving average price is $3.04.
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.
Recommended Stories
- Five stocks we like better than Austal
- Chips to Bots: Qualcomm’s Agentic AI Breakout
- Ciena Fell 40%—Now One Analyst Sees 50% Upside
- Energy Transfer Taps the AI Power Boom
- Viking’s Obesity Edge May Be Staying Power, Not Weight Loss
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.
