Schaeffler AG (OTCMKTS:SFFLY – Get Free Report)’s share price was down 8.5% during mid-day trading on Friday. The company traded as low as $6.11 and last traded at $6.13. 1,702 shares changed hands during trading, a decline of 72% from the average session volume of 5,979 shares. The stock had previously closed at $6.70.
Analyst Ratings Changes
Separately, Zacks Research upgraded shares of Schaeffler to a “hold” rating in a research report on Thursday, June 25th. One research analyst has rated the stock with a Hold rating. According to data from MarketBeat, the company has a consensus rating of “Hold”.
Get Our Latest Report on Schaeffler
Schaeffler Price Performance
The company has a 50-day moving average of $7.86 and a 200 day moving average of $9.24.
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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