Austal (OTCMKTS:AUTLF) Shares Gap Down – Here’s Why

Austal Limited (OTCMKTS:AUTLF – Get Free Report)’s stock price gapped down before the market opened on Wednesday. The stock had previously closed at $3.2250, but opened at $3.00. Austal shares last traded at $3.00, with a volume of 110 shares traded.

Austal Trading Down 4.5%

The business has a fifty day simple moving average of $3.01 and a 200 day simple moving average of $3.29.

About Austal

(Get Free Report)

Austal Limited is an Australian shipbuilder and defense contractor that designs, constructs and supports aluminum and steel vessels. The company’s products include high-speed passenger and vehicle ferries, patrol boats, offshore support vessels, naval ships and other specialized commercial and government craft.

Founded in 1988 and headquartered in Henderson, Western Australia, Austal has developed international shipbuilding operations serving customers in Australia, the United States, the Philippines and other markets.

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