Austal (OTCMKTS:AUTLF) Shares Up 4.3% – Time to Buy?

Austal Limited (OTCMKTS:AUTLFGet Free Report) shot up 4.3% during trading on Tuesday . The stock traded as high as $4.04 and last traded at $4.04. 528 shares traded hands during mid-day trading, a decline of 90% from the average session volume of 5,169 shares. The stock had previously closed at $3.88.

Austal Price Performance

The firm has a 50 day moving average price of $3.25 and a 200 day moving average price of $2.61.

About Austal

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Austal Limited engages in the design, manufacture, and support of vessels for commercial and defense customers worldwide. It operates in four segments: USA Shipbuilding, USA Support, Australasia Shipbuilding, and Australasia Support. The company offers passenger only ferries, vehicle passenger ferries, and offshore and windfarm vessels; and naval and other defense vessels, as well as patrol boats for government law enforcement and border protection agencies.

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