Austal Limited (OTCMKTS:AUTLF – Get Free Report) gapped down before the market opened on Friday . The stock had previously closed at $3.1970, but opened at $2.95. Austal shares last traded at $2.95, with a volume of 800 shares trading hands.
Analysts Set New Price Targets
Separately, Zacks Research upgraded Austal to a “hold” rating in a report on Friday, April 24th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Austal presently has an average rating of “Hold”.
Get Our Latest Report on AUTLF
Austal Stock Down 1.0%
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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