Shares of Austal Limited (OTCMKTS:AUTLF – Get Free Report) gapped down before the market opened on Monday. The stock had previously closed at $2.85, but opened at $2.75. Austal shares last traded at $2.75, with a volume of 500 shares changing hands.
Austal Stock Performance
The firm’s 50 day simple moving average is $3.02 and its 200-day simple moving average is $2.97.
About Austal
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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