FUCHS (OTCMKTS:FUPBY) Sets New 52-Week High - Here's Why

Key Points

• FUCHS shares hit a new 52-week high of $12.14, up 3.7% from the prior close, although trading volume was light at 213 shares.
• Analyst sentiment is generally positive, with MarketBeat assigning the stock an average rating of “Moderate Buy” despite mixed recent rating changes.
• FUCHS exceeded quarterly expectations, reporting EPS of $0.19 versus the $0.17 consensus estimate and revenue of $1.23 billion against expectations of $1.20 billion.

FUCHS SE - Unsponsored ADR (OTCMKTS:FUPBY - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $12.14 and last traded at $12.14, with a volume of 213 shares changing hands. The stock had previously closed at $11.62.

Analyst Ratings Changes

FUPBY has been the topic of several recent research reports. DZ Bank raised FUCHS from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, May 27th. Berenberg Bank cut shares of FUCHS from a "strong-buy" rating to a "hold" rating in a research note on Monday, July 27th. Jefferies Financial Group reaffirmed a "buy" rating on shares of FUCHS in a research report on Friday, August 7th. Finally, Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of FUCHS in a research note on Monday, August 3rd. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, FUCHS has an average rating of "Moderate Buy".

FUCHS Trading Up 3.7%

The firm has a 50-day moving average of $11.41 and a two-hundred day moving average of $11.04. The company has a current ratio of 2.32, a quick ratio of 1.37 and a debt-to-equity ratio of 0.03. The firm has a market capitalization of $6.40 billion, a P/E ratio of 16.30, a P/E/G ratio of 3.19 and a beta of 0.92.

FUCHS (OTCMKTS:FUPBY - Get Free Report) last announced its quarterly earnings results on Friday, July 31st. The company reported $0.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.17 by $0.02. FUCHS had a net margin of 9.04% and a return on equity of 17.80%. The company had revenue of $1.23 billion during the quarter, compared to the consensus estimate of $1.20 billion. On average, analysts anticipate that FUCHS SE - Unsponsored ADR will post 0.73 EPS for the current 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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