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AB SKF (ADR) (NASDAQ:SKFRY) has been upgraded to Hold in a statement by Zacks Investment Research earlier today.

Zacks Investment Research has upgraded AB SKF (ADR) (NASDAQ:SKFRY) to Hold in a statement released on 9/28/2016.

Having a price of $16.78, AB SKF (ADR) (NASDAQ:SKFRY) traded 2.61% higher on the day. With the last close down -0.51% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same time period. SKFRY has recorded a 50-day moving average of $16.71 and a 200-day moving average of $17.00. 12,885 shares of SKFRY traded hands, down from an average trading volume of 32,597

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AB SKF (ADR) has 52 week low of $14.25 and a 52 week high of $20.10 with a P/E ratio of 23.29 and has a market cap of $0.


AB SKF is a supplier of products, solutions and services within rolling bearings, seals, mechatronics, services and lubrication systems. The Company's services include technical support, maintenance services, condition monitoring, asset efficiency optimization, engineering consultancy and training. The Company operates through three business areas: Industrial Market, Automotive Market and Specialty Business. The Industrial Market serves the global industrial market directly and indirectly through the Company's distributor network around the world. The Automotive Market provides a range of products, solutions and services to manufacturers of cars, light trucks, heavy trucks, trailers, buses, two-wheelers and the vehicle aftermarket. The Specialty Business consists of over five businesses with different customer-specific application solutions.

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