Schaeffler (OTCMKTS:SFFLY) Shares Gap Up – Here’s What Happened

Schaeffler AG (OTCMKTS:SFFLY – Get Free Report) gapped up prior to trading on Monday. The stock had previously closed at $6.00, but opened at $6.4150. Schaeffler shares last traded at $6.4150, with a volume of 1,243 shares trading hands.

Schaeffler Price Performance

The firm’s fifty day simple moving average is $7.81 and its 200-day simple moving average is $9.22.

About Schaeffler

(Get Free Report)

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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