Short Interest in FUCHS SE – Unsponsored ADR (OTCMKTS:FUPBY) Decreases By 88.4%

FUCHS SE – Unsponsored ADR (OTCMKTS:FUPBY) was the target of a significant decline in short interest in July. As of July 31st, there was short interest totaling 702 shares, a decline of 88.4% from the July 15th total of 6,048 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 26,015 shares, the short-interest ratio is presently 0.0 days.

Analysts Set New Price Targets

Several research firms recently issued reports on FUPBY. Berenberg Bank cut shares of FUCHS from a “strong-buy” rating to a “hold” rating in a 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. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of FUCHS in a research note on Monday, August 3rd. Finally, Jefferies Financial Group reissued a “buy” rating on shares of FUCHS in a report on Friday, August 7th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

FUCHS Price Performance

OTCMKTS FUPBY traded down $0.02 during trading hours on Friday, reaching $11.31. The company’s stock had a trading volume of 7,554 shares, compared to its average volume of 24,878. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.37 and a current ratio of 2.32. The company’s 50-day moving average is $11.33 and its two-hundred day moving average is $11.01. FUCHS has a fifty-two week low of $9.27 and a fifty-two week high of $12.44. The stock has a market cap of $5.93 billion, a PE ratio of 15.08, a PEG ratio of 3.12 and a beta of 0.92.

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 the consensus estimate of $0.17 by $0.02. The company had revenue of $1.23 billion for the quarter, compared to the consensus estimate of $1.20 billion. FUCHS had a net margin of 9.04% and a return on equity of 17.80%. Analysts forecast that FUCHS will post 0.73 EPS 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.