Austal (OTCMKTS:AUTLF) Hits New 1-Year Low – Should You Sell?

Austal Limited (OTCMKTS:AUTLF – Get Free Report) shares hit a new 52-week low 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 Stock Performance

The company’s 50-day simple moving average is $3.00 and its 200 day simple moving average is $2.98.

Austal Company Profile

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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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