FUCHS (OTCMKTS:FUPBY) Reaches New 12-Month High – Here’s Why

FUCHS SE – Unsponsored ADR (OTCMKTS:FUPBY)’s share price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $12.40 and last traded at $12.3150, with a volume of 5806 shares. The stock had previously closed at $12.3035.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of FUCHS in a research note on Monday, August 3rd. Berenberg Bank cut FUCHS from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 27th. DZ Bank raised FUCHS from a “hold” rating to a “strong-buy” rating in a report on Wednesday, May 27th. Finally, Jefferies Financial Group restated a “buy” rating on shares of FUCHS in a research report on Friday, August 7th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, FUCHS has an average rating of “Moderate Buy”.

FUCHS Stock Performance

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 company has a 50-day moving average price of $11.52 and a 200-day moving average price of $11.08. The firm has a market capitalization of $6.45 billion, a price-to-earnings ratio of 16.42, a P/E/G ratio of 3.38 and a beta of 0.92.

FUCHS (OTCMKTS:FUPBY) last issued its quarterly earnings data on Friday, July 31st. The company reported $0.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.17 by $0.02. The business had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.20 billion. FUCHS had a return on equity of 17.40% and a net margin of 9.04%. As a group, equities research analysts forecast that FUCHS SE – Unsponsored ADR will post 0.73 earnings per share for the current 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.