Austal Limited (OTCMKTS:AUTLF – Get Free Report)’s share price gapped up before the market opened on Wednesday . The stock had previously closed at $2.99, but opened at $3.2850. Austal shares last traded at $3.12, with a volume of 1,096 shares traded.
Austal Stock Down 10.1%
The company’s fifty day moving average is $2.81 and its 200-day 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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