FUCHS (OTCMKTS:FUPBY) Shares Gap Down – Here’s What Happened

FUCHS SE – Unsponsored ADR (OTCMKTS:FUPBY)’s share price gapped down prior to trading on Wednesday . The stock had previously closed at $11.4520, but opened at $11.06. FUCHS shares last traded at $11.06, with a volume of 224 shares changing hands.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of FUCHS in a research note on Tuesday, January 6th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, FUCHS presently has an average rating of “Hold”.

FUCHS Trading Up 4.1%

The company’s fifty day moving average is $11.18 and its 200-day moving average is $11.56. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.19 and a quick ratio of 1.26. The company has a market capitalization of $6.07 billion, a PE ratio of 18.38, a price-to-earnings-growth ratio of 2.65 and a beta of 0.91.

FUCHS (OTCMKTS:FUPBY) last announced its earnings results on Friday, October 31st. The company reported $0.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.01. The business had revenue of $1.05 billion for the quarter, compared to analysts’ expectations of $1.04 billion. FUCHS had a return on equity of 15.46% and a net margin of 8.30%. On average, analysts anticipate that FUCHS SE – Unsponsored ADR will post 0.61 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.