Short Interest in FUCHS SE – Unsponsored ADR (OTCMKTS:FUPBY) Declines By 41.6%

FUCHS SE – Unsponsored ADR (OTCMKTS:FUPBY) was the target of a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 3,286 shares, a drop of 41.6% from the May 14th total of 5,623 shares. Based on an average daily volume of 48,461 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

Wall Street Analyst Weigh In

Several research firms recently issued reports on FUPBY. DZ Bank raised shares of FUCHS from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, May 27th. Kepler Capital Markets cut FUCHS from a “hold” rating to a “strong sell” rating in a research note on Tuesday, March 31st. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has given a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy”.

FUCHS Stock Down 0.3%

OTCMKTS:FUPBY traded down $0.03 during trading hours on Tuesday, hitting $11.29. 6,322 shares of the company traded hands, compared to its average volume of 29,630. The company has a quick ratio of 1.37, a current ratio of 2.32 and a debt-to-equity ratio of 0.03. The firm’s 50-day simple moving average is $11.13 and its 200-day simple moving average is $10.97. FUCHS has a one year low of $9.27 and a one year high of $14.31. The company has a market cap of $5.91 billion, a PE ratio of 16.12, a PEG ratio of 2.86 and a beta of 0.92.

FUCHS (OTCMKTS:FUPBY) last issued its quarterly earnings data on Wednesday, April 29th. The company reported $0.20 earnings per share for the quarter, beating the consensus estimate of $0.17 by $0.03. FUCHS had a return on equity of 16.57% and a net margin of 8.91%.The business had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.08 billion. Equities analysts predict that FUCHS will post 0.72 earnings per share 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.