Austal Limited (OTCMKTS:AUTLF – Get Free Report) traded up 3.7% during trading on Thursday . The company traded as high as $3.1112 and last traded at $3.1112. 1,000 shares changed hands during mid-day trading, a decline of 90% from the average daily volume of 10,088 shares. The stock had previously closed at $3.00.
Austal Trading Down 8.7%
The business’s 50-day simple moving average is $2.81 and its 200-day simple moving average is $3.08.
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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