FUCHS (OTCMKTS:FUPBY) Shares Pass Below 50 Day Moving Average – Here’s What Happened

FUCHS SE – Unsponsored ADR (OTCMKTS:FUPBY) crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $10.69 and traded as low as $10.61. FUCHS shares last traded at $10.73, with a volume of 10,235 shares changing hands.

Analyst Ratings Changes

FUPBY has been the subject of a number of analyst reports. Kepler Capital Markets downgraded shares of FUCHS from a “hold” rating to a “strong sell” rating in a research note on Tuesday, March 31st. DZ Bank raised shares of FUCHS from a “strong sell” rating to a “hold” rating in a research note on Friday, April 17th. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold”.

FUCHS Price Performance

The company has a quick ratio of 1.37, a current ratio of 2.32 and a debt-to-equity ratio of 0.03. The firm has a market capitalization of $5.68 billion, a PE ratio of 15.49, a PEG ratio of 2.68 and a beta of 0.94. The firm’s fifty day simple moving average is $10.72 and its 200-day simple moving average is $10.96.

FUCHS (OTCMKTS:FUPBY) last issued its earnings results on Wednesday, April 29th. The company reported $0.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.17 by $0.03. The business had revenue of $1.09 billion during the quarter, compared to analysts’ expectations of $1.08 billion. FUCHS had a net margin of 8.91% and a return on equity of 16.57%. On average, research analysts forecast that FUCHS SE – Unsponsored ADR will post 0.72 earnings per share for the current fiscal year.

FUCHS Company Profile

FUCHS Petrolub SE, traded over the counter under the symbol FUPBY, is a German-based manufacturer specialized in the development, production and marketing of lubricants and related specialty products. Founded in 1931 by Rudolf Fuchs and headquartered in Mannheim, Germany, the company has grown to become the world’s largest independent supplier of lubricants, serving a broad spectrum of industries from automotive and metalworking to mining and renewable energy.

The company’s product portfolio encompasses engine oils, industrial lubricants, greases, hydraulic fluids, metalworking fluids and process oils, as well as tailor-made solutions for customers’ specific requirements.