Shares of Schaeffler AG (OTCMKTS:SFFLY – Get Free Report) were down 0.1% on Monday . The stock traded as low as $8.5750 and last traded at $8.60. 2,496 shares were traded during mid-day trading, a decline of 8% from the average daily volume of 2,720 shares. The stock had previously closed at $8.61.
Analyst Upgrades and Downgrades
Separately, Zacks Research raised Schaeffler to a “hold” rating in a report on Thursday, June 25th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has an average rating of “Hold”.
Read Our Latest Research Report on Schaeffler
Schaeffler Trading Down 0.1%
Schaeffler Company Profile
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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