Shares of Schaeffler AG (OTCMKTS:SFFLY – Get Free Report) gapped down before the market opened 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 Ratings Changes
Separately, Zacks Research upgraded Schaeffler to a “hold” rating in a report on Thursday, June 25th. One analyst has rated the stock with a Hold rating. According to data from MarketBeat, Schaeffler has a consensus rating of “Hold”.
Check Out Our Latest Stock Analysis on SFFLY
Schaeffler Trading Down 5.2%
The business has a fifty day moving average price of $7.99 and a two-hundred day moving average price of $9.28.
Schaeffler Company Profile
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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