FST (NASDAQ:KBSX) Issues Earnings Results

FST (NASDAQ:KBSX) posted its quarterly earnings results on Friday. The company reported ($0.01) earnings per share (EPS) for the quarter, Zacks reports. The company had revenue of $13.22 million for the quarter.

FST Trading Down 2.9%

KBSX stock opened at $1.16 on Friday. FST has a 1-year low of $1.10 and a 1-year high of $8.75. The company has a current ratio of 0.90, a quick ratio of 0.50 and a debt-to-equity ratio of 1.58. The business’s 50 day moving average is $1.32 and its 200-day moving average is $1.48. The firm has a market cap of $43.60 million, a P/E ratio of 38.50 and a beta of 0.42.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in FST stock. Geode Capital Management LLC bought a new stake in FST Corp. (NASDAQ:KBSX) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 41,123 shares of the company’s stock, valued at approximately $73,000. Geode Capital Management LLC owned approximately 0.11% of FST as of its most recent filing with the SEC. Institutional investors own 50.85% of the company’s stock.

FST Company Profile

FST Corp. designs, manufactures, markets, and distributes steel golf shafts to golf club original equipment manufacturers and distributors worldwide. The company offers steel shafts under the KBS brand name. FST Corp.is based in Chiayi, Taiwan.