Schaeffler AG (OTCMKTS:SFFLY – Get Free Report) hit a new 52-week low during mid-day trading on Thursday. The company traded as low as $6.25 and last traded at $6.25, with a volume of 3,170 shares changing hands. The stock had previously closed at $6.50.
Analyst Upgrades and Downgrades
Separately, Zacks Research upgraded Schaeffler to a “hold” rating in a report on Thursday, June 25th. One research analyst has rated the stock with a Hold rating. According to data from MarketBeat.com, Schaeffler presently has a consensus rating of “Hold”.
Read Our Latest Analysis on Schaeffler
Schaeffler Trading Down 6.0%
The stock’s fifty day moving average is $7.90 and its two-hundred day moving average is $9.26.
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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