Austal (OTCMKTS:AUTLF) Sets New 12-Month Low – Here’s Why

Shares of Austal Limited (OTCMKTS:AUTLF – Get Free Report) hit a new 52-week low during mid-day trading on Tuesday. The stock traded as low as $2.35 and last traded at $2.35, with a volume of 901 shares traded. The stock had previously closed at $2.7650.

Austal Price Performance

The business has a 50-day moving average of $3.00 and a 200 day moving average of $2.98.

Austal Company Profile

(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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