FUCHS (OTCMKTS:FUPBY) Stock Price Crosses Below 50 Day Moving Average – Here’s Why

FUCHS SE – Unsponsored ADR (OTCMKTS:FUPBY) shares passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $10.69 and traded as low as $10.61. FUCHS shares last traded at $10.73, with a volume of 10,235 shares trading hands.

Wall Street Analysts Forecast Growth

Several analysts have commented on FUPBY shares. Kepler Capital Markets downgraded FUCHS from a “hold” rating to a “strong sell” rating in a research note on Tuesday, March 31st. DZ Bank upgraded FUCHS from a “strong sell” rating to a “hold” rating in a research note on Friday, April 17th. One analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold”.

FUCHS Trading Up 1.1%

The stock has a market capitalization of $5.62 billion, a PE ratio of 15.33, a P/E/G ratio of 2.64 and a beta of 0.94. The company has a current ratio of 2.32, a quick ratio of 1.37 and a debt-to-equity ratio of 0.03. The stock has a 50 day moving average price of $10.69 and a 200-day moving average price of $10.96.

FUCHS (OTCMKTS:FUPBY) last released its quarterly earnings results on Wednesday, April 29th. The company reported $0.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.17 by $0.03. The firm had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.08 billion. FUCHS had a return on equity of 16.57% and a net margin of 8.91%. Sell-side analysts expect that FUCHS SE – Unsponsored ADR will post 0.72 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.