FUCHS (OTCMKTS:FUPBY) Stock Passes Above 50-Day Moving Average – What’s Next?

FUCHS SE – Unsponsored ADR (OTCMKTS:FUPBY)’s stock price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $11.32 and traded as high as $11.8950. FUCHS shares last traded at $11.79, with a volume of 9,627 shares changing hands.

Analyst Ratings Changes

FUPBY has been the subject of a number of analyst reports. Jefferies Financial Group restated a “buy” rating on shares of FUCHS in a research report on Friday. DZ Bank raised shares of FUCHS from a “hold” rating to a “strong-buy” rating in a report on Wednesday, May 27th. Berenberg Bank cut shares of FUCHS from a “strong-buy” rating to a “hold” rating in a report on Monday, July 27th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of FUCHS in a research report on Monday, August 3rd. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, FUCHS has an average rating of “Moderate Buy”.

FUCHS Trading Up 0.9%

The company has a market cap of $6.18 billion, a price-to-earnings ratio of 15.72, a P/E/G ratio of 3.24 and a beta of 0.92. The business has a fifty day simple moving average of $11.32 and a 200 day simple moving average of $11.01. 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 (OTCMKTS:FUPBY) last announced its quarterly earnings results on Friday, July 31st. The company reported $0.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.17 by $0.02. FUCHS had a net margin of 9.04% and a return on equity of 17.80%. The business had revenue of $1.23 billion during the quarter, compared to the consensus estimate of $1.20 billion. On average, equities analysts anticipate that FUCHS SE – Unsponsored ADR will post 0.73 EPS for the current fiscal year.

About FUCHS

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.