Schaeffler (OTCMKTS:SFFLY) Reaches New 12-Month Low – Here’s What Happened

Schaeffler AG (OTCMKTS:SFFLY – Get Free Report)’s stock price reached a new 52-week low on Thursday. The company traded as low as $6.29 and last traded at $6.29, with a volume of 1,511 shares traded. The stock had previously closed at $6.7210.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised Schaeffler to a “hold” rating in a research report on Thursday, June 25th. One equities research analyst has rated the stock with a Hold rating. According to data from MarketBeat.com, the stock presently has an average rating of “Hold”.

Get Our Latest Stock Analysis on Schaeffler

Schaeffler Price Performance

The firm has a 50-day simple moving average of $8.10 and a 200 day simple moving average of $9.32.

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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