Austal Limited (OTCMKTS:AUTLF – Get Free Report) saw unusually-strong trading volume on Monday. 31,100 shares changed hands during trading, an increase of 214% from the previous session’s volume of 9,904 shares. The stock last traded at $2.70 and had previously closed at $2.7650.
Austal Price Performance
The company’s fifty day moving average is $3.00 and its two-hundred day moving average is $2.99.
Austal Company Profile
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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