Austal Ltd traded at 6.46 this Wednesday February 4th, decreasing 0.42 or 6.10 percent since the previous trading session. Looking back, over the last four weeks, Austal lost 2.56 percent. Over the last 12 months, its price rose by 63.96 percent. Looking ahead, we forecast Austal Ltd to be priced at 6.84 by the end of this quarter and at 6.43 in one year, according to Trading Economics global macro models projections and analysts expectations.
Austal Limited (Austal) is an Australia-based shipbuilder, defense prime contractor and maritime technology company. The Company is engaged in designing, constructing and supporting defense and commercial vessels for the operators worldwide. Austal’s shipyards is located in Australia, the United States of America, the Philippines and Vietnam, and its service centers are located across the world. It offers naval, government and commercial operators ships, systems and support. Austal develops defense and commercials vessel. Its defense vessels include the Littoral Combat Ship for the United States Navy, the Expeditionary Fast Transport for the United States Navy and the High-Speed Support Vessel for the Royal Navy of Oman. Austal offers vessel control and information management systems, such as Motion Control and MARINELINK. Austal’s commercial vessel portfolio includes passenger ferries, vehicle passenger ferries, offshore crew transfer vessels and wind farm vessels.