Shares of AB SKF (STO:SKF-A) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $161.06 and traded as low as $166.20. AB SKF shares last traded at $168.40, with a volume of 1,652 shares trading hands.

The firm has a 50 day moving average of SEK 160.35 and a 200-day moving average of SEK 161.06.

About AB SKF (STO:SKF-A)

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’s segments include Industrial and Automotive.

Recommended Story: What is the Rule of 72?

Receive News & Ratings for AB SKF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AB SKF and related companies with MarketBeat.com's FREE daily email newsletter.