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

FUCHS SE – Unsponsored ADR (OTCMKTS:FUPBY) was the recipient of a large 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. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 12,743 shares, the days-to-cover ratio is currently 0.3 days.

FUCHS Price Performance

Shares of FUPBY stock traded up $0.06 during trading hours on Friday, hitting $11.55. 344 shares of the company’s stock were exchanged, compared to its average volume of 24,163. The company has a market capitalization of $6.05 billion, a PE ratio of 15.40, a PEG ratio of 3.15 and a beta of 0.92. 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 has a 12-month low of $9.27 and a 12-month high of $12.10. The business’s 50 day simple moving average is $11.38 and its 200-day simple moving average is $11.03.

FUCHS (OTCMKTS:FUPBY) last announced its quarterly earnings data on Friday, July 31st. The company reported $0.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.17 by $0.02. The company had revenue of $1.23 billion during the quarter, compared to analysts’ expectations of $1.20 billion. FUCHS had a net margin of 9.04% and a return on equity of 17.80%. On average, equities research analysts anticipate that FUCHS will post 0.73 earnings per share for the current year.

Wall Street Analysts Forecast Growth

FUPBY has been the subject of several research reports. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of FUCHS in a research report on Monday, August 3rd. Jefferies Financial Group restated a “buy” rating on shares of FUCHS in a research report on Friday, August 7th. DZ Bank upgraded FUCHS from a “hold” rating to a “strong-buy” rating in a report on Wednesday, May 27th. Finally, Berenberg Bank lowered FUCHS from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 27th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned 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 company currently has a consensus rating of “Moderate Buy”.

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.