Schaeffler (OTCMKTS:SCFLF) Shares Down 4.7%

Schaeffler AG (OTCMKTS:SCFLFGet Free Report) shares dropped 4.7% during trading on Monday . The stock traded as low as $6.22 and last traded at $6.22. Approximately 2,600 shares were traded during mid-day trading, an increase of 133% from the average daily volume of 1,115 shares. The stock had previously closed at $6.52.

Schaeffler Price Performance

The firm has a 50-day moving average of $6.38 and a 200 day moving average of $6.80.

About Schaeffler

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Schaeffler AG, together with its subsidiaries, manufactures and sells precision components and systems for automotive and industrial applications in Europe, the Americas, China, and the Asia Pacific. The company's Automotive Technologies division offers engine systems, including rolling bearing solutions, belt products, valve train components, and systems for variable valve trains; and transmission systems, such as torsion and vibration dampers, clutches and double clutch systems, torque converters, CVT components, lightweight differentials, bearing solutions, and synchronizing and gearshift components.

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