Schaeffler AG (OTCMKTS:SFFLY – Get Free Report)’s share price was up 4.2% during trading on Friday. The stock traded as high as $6.75 and last traded at $6.75. Approximately 3,291 shares were traded during mid-day trading, a decline of 45% from the average daily volume of 6,016 shares. The stock had previously closed at $6.48.
Wall Street Analyst Weigh In
Separately, Zacks Research upgraded Schaeffler to a “hold” rating in a research note on Thursday, June 25th. One research analyst has rated the stock with a Hold rating. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold”.
View Our Latest Report on SFFLY
Schaeffler Price Performance
The business’s fifty day moving average price is $8.06 and its 200-day moving average price is $9.31.
About Schaeffler
Schaeffler AG is a Germany-based global supplier of automotive and industrial components and systems. The company develops and manufactures rolling and plain bearings, precision components, drivetrain technologies, and related products used in vehicles, machinery, wind turbines, aerospace applications, and other industrial equipment.
In the automotive sector, Schaeffler provides products for engines, transmissions, chassis, and vehicle electrification, including hybrid and electric-drive components.
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