Austal (OTCMKTS:AUTLF) Stock Jumps 15.7% – Time to Buy?

Austal Limited (OTCMKTS:AUTLF – Get Free Report)’s share price traded up 15.7% during trading on Thursday. The company traded as high as $2.95 and last traded at $2.95. Approximately 2,000 shares were traded during mid-day trading, a decline of 80% from the average daily volume of 9,811 shares. The stock had previously closed at $2.55.

Austal Trading Up 1.0%

The company has a 50-day moving average price of $3.01 and a two-hundred day moving average price of $2.97.

About Austal

(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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