SKF (OTCMKTS:SKFRY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a report released on Thursday, April 5th.
According to Zacks, “SKF AB engages in the manufacturing of ball and roller bearings, seals, tools for mounting/dismounting bearings, lubricants and measuring/monitoring instruments. It also produces roller bearing steel and other special steels. The Company operates in three divisions: Industrial Division, Service Division and Automotive Division. It also offers products and knowledge-based services comprising hardware and software, consulting, mechanical services, predictive and preventive maintenance, condition monitoring, decision-support systems and performance-based contracts. SKF AB is headquartered in Gothenburg, Sweden. “
Shares of OTCMKTS SKFRY traded down $0.11 during midday trading on Thursday, reaching $21.48. 1,058 shares of the stock were exchanged, compared to its average volume of 31,397. SKF has a twelve month low of $19.28 and a twelve month high of $25.34. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.09 and a quick ratio of 1.25. The company has a market capitalization of $9,829.87, a P/E ratio of 15.23, a P/E/G ratio of 1.92 and a beta of 0.64.