Austal (OTCMKTS:AUTLF) Upgraded to Overweight at JPMorgan Chase & Co.

Austal (OTCMKTS:AUTLF – Get Rating) was upgraded by equities researchers at JPMorgan Chase & Co. from a “neutral” rating to an “overweight” rating in a research report issued on Friday, The Fly reports.

Austal Price Performance

OTCMKTS AUTLF opened at $1.35 on Friday. The business has a fifty day simple moving average of $1.14 and a 200 day simple moving average of $1.30. Austal has a 12 month low of $1.05 and a 12 month high of $1.96.

Austal Company Profile

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Austal Ltd. engages in the design and construction of customized aluminum commercial and defense vessels. The firm operates through the following segments: Australia, USA, and Asia. The Australia segment manufactures commercial and defense vessels for markets worldwide, excluding the USA and provides training and on-going support and maintenance for vessels.