Short Interest in FUCHS SE - Unsponsored ADR (OTCMKTS:FUPBY) Drops By 88.4%

Key Points

• Short interest plunged 88.4% in FUCHS’s unsponsored ADR, falling to 702 shares as of July 31 from 6,048 shares on July 15. Short interest represented approximately 0.0% of shares outstanding, with a days-to-cover ratio of 0.0.
• Analyst sentiment remained generally positive, with ratings including one Strong Buy, two Buys, one Hold and one Sell, resulting in a consensus rating of “Moderate Buy.”
• FUCHS exceeded quarterly expectations, reporting $0.19 earnings per share versus the $0.17 estimate and revenue of $1.23 billion versus the $1.20 billion consensus.

FUCHS SE - Unsponsored ADR (OTCMKTS:FUPBY - Get Free Report) saw a large decline in short interest in the month of 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. Based on an average trading volume of 26,015 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company's shares are sold short.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on FUPBY shares. DZ Bank raised shares of FUCHS from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, May 27th. Deutsche Bank Aktiengesellschaft reaffirmed 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. Finally, Berenberg Bank downgraded 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 given a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy".

FUCHS Price Performance

Shares of FUPBY opened at $11.49 on Wednesday. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.37 and a current ratio of 2.32. FUCHS has a fifty-two week low of $9.27 and a fifty-two week high of $12.44. The business's 50-day moving average is $11.32 and its two-hundred day moving average is $11.01. The company has a market capitalization of $6.02 billion, a P/E ratio of 15.32, a P/E/G ratio of 3.16 and a beta of 0.92.

FUCHS (OTCMKTS:FUPBY - Get Free Report) last issued its quarterly earnings data on Friday, July 31st. The company reported $0.19 earnings per share for the quarter, topping analysts' consensus estimates of $0.17 by $0.02. FUCHS had a net margin of 9.04% and a return on equity of 17.80%. The business had revenue of $1.23 billion during the quarter, compared to the consensus estimate of $1.20 billion. Research analysts predict that FUCHS will post 0.73 earnings per share 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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