Schaeffler AG (OTCMKTS:SFFLY – Get Free Report)’s share price traded up 4.2% during trading on Friday. The stock traded as high as $6.75 and last traded at $6.75. 3,291 shares traded hands during trading, a decline of 45% from the average daily volume of 6,016 shares. The stock had previously closed at $6.48.
Wall Street Analysts Forecast Growth
Separately, Zacks Research upgraded Schaeffler to a “hold” rating in a research note on Thursday, June 25th. One investment analyst has rated the stock with a Hold rating. According to data from MarketBeat.com, the company currently has an average rating of “Hold”.
View Our Latest Stock Analysis on Schaeffler
Schaeffler Stock Performance
The firm’s 50-day simple moving average is $8.06 and its 200-day simple moving average is $9.31.
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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