HSBC cut shares of Schaeffler (OTCMKTS:SCFLF) from a buy rating to a hold rating in a research note published on Thursday, The Fly reports.
Shares of Schaeffler stock traded up $1.20 during midday trading on Thursday, hitting $10.21. The company had a trading volume of 500 shares, compared to its average volume of 220. The business’s 50 day simple moving average is $8.41 and its two-hundred day simple moving average is $7.81. Schaeffler has a 1-year low of $6.55 and a 1-year high of $10.50.
Schaeffler Company Profile
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