Schaeffler AG (OTCMKTS:SFFLY – Get Free Report) shares hit a new 52-week low during mid-day trading on Thursday. The stock traded as low as $6.25 and last traded at $6.25, with a volume of 3,170 shares trading hands. The stock had previously closed at $6.50.
Wall Street Analyst Weigh In
Separately, Zacks Research upgraded shares of 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, the company presently has a consensus rating of “Hold”.
Get Our Latest Stock Report on Schaeffler
Schaeffler Stock Performance
The stock has a 50-day simple moving average of $7.90 and a 200-day simple moving average 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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