FUCHS (OTCMKTS:FUPBY) Shares Gap Up – Here’s What Happened

FUCHS SE – Unsponsored ADR (OTCMKTS:FUPBY)’s share price gapped up prior to trading on Tuesday . The stock had previously closed at $11.60, but opened at $12.09. FUCHS shares last traded at $12.1030, with a volume of 2,228 shares changing hands.

Analysts Set New Price Targets

Several brokerages have commented on FUPBY. DZ Bank upgraded shares of FUCHS from a “hold” rating to a “strong-buy” rating in a report on Wednesday, May 27th. Jefferies Financial Group reissued a “buy” rating on shares of FUCHS in a report on Friday, August 7th. Berenberg Bank downgraded shares of FUCHS from a “strong-buy” rating to a “hold” rating in a report on Monday, July 27th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of FUCHS in a report on Monday, August 3rd. Finally, Kepler Capital Markets raised shares of FUCHS from a “strong sell” rating to a “hold” rating in a research note on Thursday, September 3rd. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

FUCHS Price 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 stock has a market capitalization of $6.32 billion, a PE ratio of 16.09, a price-to-earnings-growth ratio of 3.12 and a beta of 0.92. The stock’s 50 day moving average price is $11.66 and its 200-day moving average price is $11.15.

FUCHS (OTCMKTS:FUPBY) last announced its quarterly earnings results on Friday, July 31st. The company reported $0.19 EPS for the quarter, beating the consensus estimate of $0.17 by $0.02. The firm had revenue of $1.23 billion for 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 analysts forecast that FUCHS SE – Unsponsored ADR will post 0.74 EPS for the current year.

FUCHS Company Profile

FUCHS SE is a Germany-based manufacturer of lubricants and related specialty products. The company develops, produces and distributes lubricants for automotive, industrial and other specialized applications, including engine oils, transmission and hydraulic fluids, metalworking fluids, greases, industrial oils and specialty lubricants.

Founded in Mannheim in 1931, FUCHS has expanded from a regional trading business into an international lubricant group. Its products are used in passenger cars and commercial vehicles, as well as in industries such as manufacturing, mining, energy, agriculture, aerospace and food processing.