Schaeffler AG (OTCMKTS:SFFLY – Get Free Report)’s stock price reached a new 52-week low during mid-day trading on Thursday. The company traded as low as $6.29 and last traded at $6.29, with a volume of 1,511 shares traded. The stock had previously closed at $6.7210.
Analysts Set New Price Targets
Separately, Zacks Research upgraded Schaeffler to a “hold” rating in a research report on Thursday, June 25th. One equities research analyst has rated the stock with a Hold rating. According to MarketBeat.com, Schaeffler currently has a consensus rating of “Hold”.
Get Our Latest Analysis on SFFLY
Schaeffler Stock Performance
The firm’s 50 day simple moving average is $8.03 and its 200 day simple moving average is $9.29.
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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