Austal (OTCMKTS:AUTLF) Stock Price Up 2% – Time to Buy?

Austal Limited (OTCMKTS:AUTLFGet Free Report)’s share price shot up 2% on Tuesday . The stock traded as high as $4.70 and last traded at $4.6955. 2,008 shares were traded during trading, a decline of 61% from the average session volume of 5,120 shares. The stock had previously closed at $4.6032.

Austal Price Performance

The company has a 50-day moving average price of $4.43 and a 200-day moving average price of $4.50.

About Austal

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Austal is a global shipbuilding and defense contractor specializing in the design, construction, and support of high-speed aluminum vessels. Headquartered in Henderson, Western Australia, the company delivers commercial ferries, patrol boats, and military transport ships to navies and ferry operators worldwide. Its focus on lightweight, fuel-efficient hull designs has made it a preferred partner for customers seeking rapid-transit and littoral operations capabilities.

Founded in 1988, Austal began as a commercial ferry builder and has since expanded into defense markets, securing major contracts with the U.S.

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