Schaeffler AG (OTCMKTS:SFFLY – Get Free Report)’s stock price rose 3.1% during trading on Monday . The stock traded as high as $11.25 and last traded at $10.9760. Approximately 11,899 shares were traded during trading, an increase of 83% from the average daily volume of 6,499 shares. The stock had previously closed at $10.65.
Schaeffler Trading Up 7.2%
The company has a 50 day simple moving average of $9.13 and a 200 day simple moving average of $9.80.
About Schaeffler
Schaeffler AG, trading in the United States under the symbol SFFLY, is a global provider of precision components and systems for the automotive, aerospace and industrial sectors. The company’s core offerings include rolling element bearings, plain bearings, linear products, engine and transmission components, as well as solutions for e-mobility and electric drive systems. Schaeffler serves customers across the original equipment and aftermarket segments, supporting manufacturers with both standard products and bespoke engineering services.
In the automotive sector, Schaeffler’s product portfolio covers engine timing systems, valve train components, clutches, transmissions and high-performance bearings designed to enhance fuel efficiency, reduce emissions and increase durability.
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