Austal (OTCMKTS:AUTLF) Sets New 1-Year Low – Should You Sell?

Austal Limited (OTCMKTS:AUTLFGet Free Report) shares reached a new 52-week low on Thursday . The stock traded as low as $2.6850 and last traded at $2.6850, with a volume of 1542 shares traded. The stock had previously closed at $2.77.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised shares of Austal to a “hold” rating in a research report on Friday, April 24th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company has an average rating of “Hold”.

Get Our Latest Analysis on Austal

Austal Stock Performance

The firm has a market cap of $1.13 billion and a P/E ratio of 34.78. The firm has a 50 day simple moving average of $2.95 and a 200 day simple moving average of $3.74.

About Austal

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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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