FUCHS SE – Unsponsored ADR (OTCMKTS:FUPBY) Sees Significant Drop in Short Interest

FUCHS SE – Unsponsored ADR (OTCMKTS:FUPBY) was the target of a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 6,048 shares, a decline of 69.6% from the June 30th total of 19,889 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 20,609 shares, the short-interest ratio is presently 0.3 days.

Analyst Upgrades and Downgrades

Several analysts recently commented on FUPBY shares. DZ Bank raised FUCHS from a “hold” rating to a “strong-buy” rating in a report on Wednesday, May 27th. Kepler Capital Markets cut FUCHS from a “hold” rating to a “strong sell” rating in a research report on Tuesday, March 31st. Berenberg Bank lowered shares of FUCHS from a “strong-buy” rating to a “hold” rating in a research report on Monday. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of FUCHS in a research report on Tuesday, July 7th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, FUCHS has an average rating of “Moderate Buy”.

FUCHS Price Performance

OTCMKTS:FUPBY traded up $0.33 during trading hours on Tuesday, hitting $11.74. 6,077 shares of the stock traded hands, compared to its average volume of 26,530. The company has a quick ratio of 1.37, a current ratio of 2.32 and a debt-to-equity ratio of 0.03. FUCHS has a 1 year low of $9.27 and a 1 year high of $12.44. The company has a market cap of $6.15 billion, a price-to-earnings ratio of 16.77, a price-to-earnings-growth ratio of 2.93 and a beta of 0.93. The stock has a 50 day moving average price of $11.18 and a 200 day moving average price of $10.97.

FUCHS (OTCMKTS:FUPBY) last released its earnings results on Wednesday, April 29th. The company reported $0.20 earnings per share for the quarter, beating analysts’ consensus estimates of $0.17 by $0.03. The company had revenue of $1.09 billion for 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%. Sell-side analysts forecast that FUCHS will post 0.71 EPS 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.