Austal (OTCMKTS:AUTLF) Shares Gap Up – Here’s What Happened

Austal Limited (OTCMKTS:AUTLF – Get Free Report) gapped up prior to trading on Tuesday. The stock had previously closed at $2.85, but opened at $2.99. Austal shares last traded at $2.75, with a volume of 30,876 shares changing hands.

Austal Stock Performance

The business’s 50-day moving average is $3.00 and its two-hundred day moving average is $3.37.

About Austal

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Austal Limited is an Australian shipbuilder and defense contractor that designs, constructs and supports aluminum and steel vessels. The company’s products include high-speed passenger and vehicle ferries, patrol boats, offshore support vessels, naval ships and other specialized commercial and government craft.

Founded in 1988 and headquartered in Henderson, Western Australia, Austal has developed international shipbuilding operations serving customers in Australia, the United States, the Philippines and other markets.

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