Schaeffler (OTCMKTS:SFFLY) Reaches New 52-Week Low – What’s Next?

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

Analyst Upgrades and Downgrades

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

View Our Latest Research Report on SFFLY

Schaeffler Price Performance

The company’s 50-day moving average price is $8.10 and its two-hundred day moving average price is $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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