Austal Limited (OTCMKTS:AUTLF – Get Free Report)’s stock price gapped up before the market opened on Friday . The stock had previously closed at $2.46, but opened at $2.69. Austal shares last traded at $2.69, with a volume of 1,100 shares traded.
Analyst Upgrades and Downgrades
Separately, Zacks Research raised shares of Austal to a “hold” rating in a research note on Friday, April 24th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company has a consensus rating of “Hold”.
Read Our Latest Analysis on AUTLF
Austal Stock Up 4.5%
Austal Company Profile
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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