Austal Limited (OTCMKTS:AUTLF – Get Free Report) shares shot up 2.4% on Monday . The stock traded as high as $2.00 and last traded at $1.92. 7,700 shares changed hands during mid-day trading, an increase of 19% from the average session volume of 6,457 shares. The stock had previously closed at $1.88.
Austal Stock Performance
The company has a 50 day moving average of $1.70 and a 200-day moving average of $1.63.
About Austal
Austal Limited engages in the design, manufacture, and support of vessels for commercial and defense customers worldwide. It operates in four segments: USA Shipbuilding, USA Support, Australasia Shipbuilding, and Australasia Support. The company offers passenger only ferries, vehicle passenger ferries, and offshore and windfarm vessels; and naval and other defense vessels, as well as patrol boats for government law enforcement and border protection agencies.
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