FUCHS (OTCMKTS:FUPBY) Hits New 52-Week High – Here’s What Happened

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

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. Kepler Capital Markets raised shares of FUCHS from a “strong sell” rating to a “hold” rating in a research note on Thursday, September 3rd. Jefferies Financial Group restated a “buy” rating on shares of FUCHS in a report on Friday, August 7th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of FUCHS in a research note on Monday, August 3rd. Finally, Berenberg Bank lowered shares of FUCHS from a “strong-buy” rating to a “hold” rating in a report on Monday, July 27th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

FUCHS Stock Down 1.9%

The business has a fifty day moving average of $12.02 and a 200 day moving average of $11.51. 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 cap of $6.62 billion, a P/E ratio of 16.85, a P/E/G ratio of 3.47 and a beta of 0.90.

FUCHS (OTCMKTS:FUPBY) last released its earnings results on Friday, July 31st. The company reported $0.19 earnings per share 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%. On average, equities research analysts predict that FUCHS SE – Unsponsored ADR will post 0.74 EPS for the current year.

About FUCHS

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.