Austal Limited (OTCMKTS:AUTLF – Get Free Report)’s stock price gapped up prior to trading on Wednesday . The stock had previously closed at $2.65, but opened at $3.20. Austal shares last traded at $3.20, with a volume of 100 shares.
Wall Street Analysts Forecast Growth
Separately, Zacks Research raised Austal to a “hold” rating in a report on Friday, April 24th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.
View Our Latest Research Report on Austal
Austal Stock Down 7.7%
About Austal
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.
Further Reading
- Five stocks we like better than Austal
- Asian Market Circuit Breakers Hit Stocks, Not AI Demand
- Riot Platforms Re-Wires the Ledger for a $9B AI Power Play
- Nebius Just Exploded 34% on Blowout Earnings—Is It Time to Buy?
- Joby’s Defense Pivot Accelerates With $500M Resonant Sciences Deal
Receive News & Ratings for Austal Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Austal and related companies with MarketBeat.com's FREE daily email newsletter.
