Schaeffler AG (OTCMKTS:SFFLY – Get Free Report) shares dropped 2.6% during mid-day trading on Monday . The company traded as low as $11.10 and last traded at $11.10. Approximately 1,177 shares traded hands during trading, a decline of 81% from the average daily volume of 6,159 shares. The stock had previously closed at $11.3930.
Schaeffler Trading Down 2.6%
The business has a 50-day moving average of $10.22 and a 200-day moving average of $10.26.
About Schaeffler
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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