Schaeffler AG (OTCMKTS:SFFLY – Get Free Report) shares were down 7.7% on Thursday . The stock traded as low as $8.60 and last traded at $8.71. Approximately 31,858 shares traded hands during trading, an increase of 276% from the average daily volume of 8,464 shares. The stock had previously closed at $9.4360.
Schaeffler Price Performance
The business’s fifty day moving average is $11.85 and its two-hundred day moving average is $8.97.
Schaeffler Company Profile
Schaeffler AG, trading in the United States under the symbol SFFLY, is a global provider of precision components and systems for the automotive, aerospace and industrial sectors. The company’s core offerings include rolling element bearings, plain bearings, linear products, engine and transmission components, as well as solutions for e-mobility and electric drive systems. Schaeffler serves customers across the original equipment and aftermarket segments, supporting manufacturers with both standard products and bespoke engineering services.
In the automotive sector, Schaeffler’s product portfolio covers engine timing systems, valve train components, clutches, transmissions and high-performance bearings designed to enhance fuel efficiency, reduce emissions and increase durability.
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