FUCHS (OTCMKTS:FUPBY) Stock Price Passes Above 50 Day Moving Average - Here's Why

Key Points

• FUCHS shares crossed above their 50-day moving average, reaching $11.8950 before closing at $11.79, up 0.9%. The stock’s 50-day and 200-day moving averages are $11.32 and $11.01, respectively.
• The company exceeded quarterly expectations, reporting $0.19 in EPS versus a $0.17 consensus estimate and revenue of $1.23 billion compared with expectations of $1.20 billion.
• Analyst sentiment remains positive overall, with MarketBeat data showing a “Moderate Buy” consensus rating, despite Berenberg downgrading the stock to “hold.”

FUCHS SE - Unsponsored ADR (OTCMKTS:FUPBY - Get Free Report) crossed 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 traded.

Analyst Ratings Changes

Several research analysts recently commented on FUPBY shares. Berenberg Bank cut FUCHS from a "strong-buy" rating to a "hold" rating in a research note on Monday, July 27th. DZ Bank upgraded FUCHS from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, May 27th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of FUCHS in a research report on Monday. Finally, Jefferies Financial Group reiterated a "buy" rating on shares of FUCHS in a research note on Friday. One 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 issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus 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 price-to-earnings-growth ratio of 3.21 and a beta of 0.92. The firm has a 50-day moving average price of $11.32 and a 200 day moving average price of $11.01. The company has a current ratio of 2.32, a quick ratio of 1.37 and a debt-to-equity ratio of 0.03.

FUCHS (OTCMKTS:FUPBY - Get Free Report) last posted 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. FUCHS had a return on equity of 17.80% and a net margin of 9.04%.The business had revenue of $1.23 billion for the quarter, compared to analyst estimates of $1.20 billion. As a group, sell-side analysts forecast that FUCHS SE - Unsponsored ADR 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.

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