Shares of Schaeffler AG (OTCMKTS:SFFLY – Get Free Report) gapped down prior to trading on Tuesday. The stock had previously closed at $6.86, but opened at $6.50. Schaeffler shares last traded at $6.50, with a volume of 111 shares changing hands.
Wall Street Analysts Forecast Growth
Separately, Zacks Research raised Schaeffler to a “hold” rating in a report on Thursday, June 25th. One investment analyst has rated the stock with a Hold rating. According to MarketBeat, the company presently has an average rating of “Hold”.
View Our Latest Stock Analysis on SFFLY
Schaeffler Price Performance
Schaeffler Company Profile
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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