Schaeffler AG (OTCMKTS:SFFLY – Get Free Report) gapped down prior to trading on Tuesday. The stock had previously closed at $6.86, but opened at $6.50. Schaeffler shares last traded at $6.50, with a volume of 111 shares changing hands.
Analyst Upgrades and Downgrades
Separately, Zacks Research raised Schaeffler to a “hold” rating in a research report on Thursday, June 25th. One investment analyst has rated the stock with a Hold rating. According to MarketBeat.com, Schaeffler currently has a consensus rating of “Hold”.
View Our Latest Report on SFFLY
Schaeffler Stock Performance
The business has a 50 day moving average price of $7.90 and a 200-day moving average price of $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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