Schaeffler AG (OTCMKTS:SFFLY – Get Free Report) shares shot up 50% on Friday . The stock traded as high as $6.00 and last traded at $6.00. 140 shares changed hands during trading, a decline of 87% from the average session volume of 1,044 shares. The stock had previously closed at $4.00.
Schaeffler Stock Performance
The stock has a 50 day simple moving average of $4.04 and a two-hundred day simple moving average of $4.49.
About Schaeffler
Schaeffler AG, together with its subsidiaries, develops, manufactures, and sells components and system for industrial applications in Europe, the Americas, China, and the Asia Pacific. The Automotive Technologies division offers mechanical, mechatronic, and electronic components and systems for powertrain electrification used in passenger cars and commercial vehicles, such as electric motors, axle transmissions, axle drives, power electronics, hybrid modules, electromechanical and hydraulic actuators, and thermal management module; torque converters, hybrid dampers, clutches, variable valve train systems, valve-lash adjustment elements, balancer shafts, camshaft phasing systems, timing drives, and front end auxillary drives.
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