Austal (OTCMKTS:AUTLF) Shares Gap Up – Time to Buy?

Austal Limited (OTCMKTS:AUTLF – Get Free Report)’s share price gapped up prior to trading on Thursday . The stock had previously closed at $3.20, but opened at $3.30. Austal shares last traded at $3.30, with a volume of 302 shares trading hands.

Austal Trading Down 5.2%

The stock has a fifty day moving average of $2.89 and a two-hundred day moving average of $3.03.

About Austal

(Get Free Report)

Austal Limited is an Australian shipbuilder that designs, manufactures and supports high-speed aluminum vessels and other specialized marine platforms. Its products include passenger and vehicle ferries, patrol boats, offshore vessels and naval ships for commercial, government and defense customers.

The company is also active in the construction of steel ships through its United States operations. Austal USA has built vessels for the U.S. Navy and other government agencies, including littoral combat ships and expeditionary fast transport vessels, while Austal’s broader portfolio includes autonomous and remotely operated maritime systems.

Founded in Western Australia in 1988, Austal serves customers internationally through shipbuilding, maintenance and support facilities in Australia, the United States and other locations in the Asia-Pacific region.

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