Schaeffler (FRA:SHA) Shares Up 1.8%

Shares of Schaeffler AG (FRA:SHAGet Free Report) traded up 1.8% during trading on Friday . The stock traded as high as €5.41 ($5.81) and last traded at €5.38 ($5.78). 319,570 shares were traded during mid-day trading, The stock had previously closed at €5.28 ($5.68).

Schaeffler Trading Up 1.8 %

The firm’s fifty day simple moving average is €5.87 and its 200 day simple moving average is €5.97.

About Schaeffler

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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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