Austal Limited (OTCMKTS:AUTLF – Get Free Report) dropped 6.4% on Friday. The company traded as low as $2.79 and last traded at $2.79. 4,600 shares were traded during mid-day trading, a decline of 53% from the average session volume of 9,736 shares. The stock had previously closed at $2.98.
Austal Stock Performance
The stock’s 50 day moving average is $3.02 and its two-hundred day moving average is $2.97.
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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