FUCHS SE - Unsponsored ADR (OTCMKTS:FUPBY) Short Interest Up 456.6% in August

Key Points

• Short interest surged 456.6% in August to 3,907 shares, up from 702 shares, though short interest remains approximately 0.0% of shares outstanding and represents just 0.3 days of average trading volume.
• Analyst sentiment remains generally positive, with FUCHS carrying a “Moderate Buy” consensus rating based on one Strong Buy, two Buys, one Hold and one Sell recommendation.
• FUCHS exceeded quarterly expectations, reporting $0.19 in EPS versus the $0.17 consensus estimate and $1.23 billion in revenue versus $1.20 billion expected. Shares recently opened at $11.55, within their $9.27–$12.10 one-year range.

FUCHS SE - Unsponsored ADR (OTCMKTS:FUPBY - Get Free Report) was the recipient of a significant increase in short interest in August. As of August 14th, there was short interest totaling 3,907 shares, an increase of 456.6% from the July 30th total of 702 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 12,743 shares, the short-interest ratio is currently 0.3 days.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of FUCHS in a research report on Monday, August 3rd. Jefferies Financial Group reissued a "buy" rating on shares of FUCHS in a report on Friday, August 7th. Berenberg Bank downgraded FUCHS from a "strong-buy" rating to a "hold" rating in a research note on Monday, July 27th. Finally, DZ Bank raised FUCHS from a "hold" rating to a "strong-buy" rating in a report on Wednesday, May 27th. One 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, the stock presently has an average rating of "Moderate Buy".

FUCHS Stock Down 0.7%

Shares of OTCMKTS:FUPBY opened at $11.55 on Wednesday. The firm has a fifty day moving average price of $11.37 and a two-hundred day moving average price of $11.03. The company has a market cap of $6.05 billion, a price-to-earnings ratio of 15.40, a PEG ratio of 3.19 and a beta of 0.92. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.32 and a quick ratio of 1.37. FUCHS has a one year low of $9.27 and a one year high of $12.10.

FUCHS (OTCMKTS:FUPBY - Get Free Report) last released its quarterly 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 analysts' expectations of $1.20 billion. FUCHS had a return on equity of 17.80% and a net margin of 9.04%. Analysts anticipate that FUCHS will post 0.73 EPS for the current fiscal year.

About FUCHS

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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