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Austin Engineering (ASX:ANG)‘s stock had its “hold” rating restated by analysts at Shaw Stockbroking in a research report issued to clients and investors on Friday.

Shares of Austin Engineering (ASX:ANG) traded up 1.90% during mid-day trading on Friday, hitting A$1.340. The stock had a trading volume of 1,801,697 shares. Austin Engineering has a one year low of A$1.180 and a one year high of A$4.490. The stock has a 50-day moving average of A$1.78 and a 200-day moving average of A$2.79. The company has a market cap of A$110.6 million and a P/E ratio of 8.02.

Austin Engineering Limited is engaged in the manufacture, repair, overhaul and supply of mining attachment products, general steelwork structures and other associated products and services for the industrial and resources-related business sectors.

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