Fuchs (OTCMKTS:FUPEF) Stock Price Up 3.1% – Here’s Why

Fuchs SE (OTCMKTS:FUPEFGet Free Report) shares were up 3.1% during trading on Wednesday . The company traded as high as $37.00 and last traded at $37.00. 661 shares traded hands during mid-day trading, an increase of 32% from the average session volume of 500 shares. The stock had previously closed at $35.90.

Wall Street Analyst Weigh In

Separately, UBS Group started coverage on shares of Fuchs in a report on Friday, April 24th. They issued a “buy” rating on the stock. One research analyst has rated the stock with a Buy rating, According to MarketBeat, the company currently has an average rating of “Buy”.

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Fuchs Price Performance

The business has a fifty day simple moving average of $38.69 and a 200 day simple moving average of $39.28.

About Fuchs

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Fuchs Petrolub SE, trading in the U.S. as OTCMKTS:FUPEF, is a global specialist in lubricants and related specialties headquartered in Mannheim, Germany. Since its founding in 1931 by Rudolf Fuchs, the company has established itself as one of the world’s leading independent lubricant suppliers. Fuchs develops, manufactures and distributes a broad range of products designed to meet the demanding requirements of automotive, industrial and metalworking applications.

The company’s product portfolio encompasses engine oils, hydraulic fluids, greases, metalworking fluids, and specialty lubricants tailored to sectors such as automotive OEMs, rail transport, mining, agriculture, and aerospace.

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