FUCHS (OTCMKTS:FUPBY) Hits New 1-Year High – Here’s Why

FUCHS SE – Unsponsored ADR (OTCMKTS:FUPBY)’s stock price reached a new 52-week high during trading on Wednesday. The company traded as high as $12.9165 and last traded at $12.9165, with a volume of 926 shares traded. The stock had previously closed at $12.64.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on FUPBY. Berenberg Bank downgraded FUCHS from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 27th. Jefferies Financial Group reiterated a “buy” rating on shares of FUCHS in a research report on Friday, August 7th. Kepler Capital Markets raised FUCHS from a “strong sell” rating to a “hold” rating in a report on Thursday, September 3rd. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of FUCHS in a research report on Monday, August 3rd. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have given a Hold rating to the company. According to MarketBeat, FUCHS currently has an average rating of “Moderate Buy”.

FUCHS Trading Up 1.9%

The company has a quick ratio of 1.14, a current ratio of 1.96 and a debt-to-equity ratio of 0.03. The firm has a market capitalization of $6.75 billion, a PE ratio of 17.18, a PEG ratio of 3.41 and a beta of 0.90. The stock’s fifty day simple moving average is $11.96 and its 200 day simple moving average is $11.48.

FUCHS (OTCMKTS:FUPBY) last released its earnings results on Friday, July 31st. The company reported $0.19 EPS for the quarter, topping analysts’ consensus estimates of $0.17 by $0.02. The company had revenue of $1.23 billion for the quarter, compared to analysts’ expectations of $1.20 billion. FUCHS had a net margin of 9.04% and a return on equity of 17.40%. On average, sell-side analysts predict that FUCHS SE – Unsponsored ADR will post 0.74 earnings per share for the current year.

FUCHS Company Profile

FUCHS SE is a Germany-based manufacturer and supplier of specialized lubricants. The company develops, produces and distributes lubricants and related specialty products for industrial, automotive and other commercial applications.

Its product portfolio includes engine and transmission oils, hydraulic and gear oils, metalworking fluids, greases, industrial lubricants, release agents and specialty fluids. These products are used in areas such as automotive manufacturing, mechanical engineering, mining, energy, transportation and other industrial operations.

FUCHS traces its history to 1931, when it was founded in Mannheim, Germany.