Austal (OTCMKTS:AUTLF) Shares Gap Down – Here’s Why

Austal Limited (OTCMKTS:AUTLF – Get Free Report)’s stock price gapped down prior to trading on Wednesday. The stock had previously closed at $3.0750, but opened at $2.85. Austal shares last traded at $2.85, with a volume of 300 shares traded.

Austal Trading Up 5.3%

The business’s 50 day moving average is $3.00 and its two-hundred day moving average is $2.99.

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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