FST (NASDAQ:KBSX) Shares Climb 15% – Time to Buy?

FST Corp. (NASDAQ:KBSX – Get Free Report) shares were up 15% during mid-day trading on Tuesday. The stock traded as high as $1.3402 and last traded at $1.23. 29,841 shares changed hands during mid-day trading, an increase of 120% from the average session volume of 13,575 shares. The stock had previously closed at $1.07.

FST Stock Up 9.1%

The company has a debt-to-equity ratio of 0.60, a current ratio of 0.94 and a quick ratio of 0.54. The stock has a market capitalization of $56.62 million, a P/E ratio of -150.00 and a beta of 0.39. The stock’s fifty day moving average is $1.00 and its two-hundred day moving average is $1.16.

FST (NASDAQ:KBSX – Get Free Report) last posted its quarterly earnings results on Tuesday, June 30th. The company reported ($0.02) earnings per share (EPS) for the quarter. FST had a negative net margin of 0.90% and a positive return on equity of 1.66%. The company had revenue of $12.55 million during the quarter. As a group, research analysts predict that FST Corp. will post 0.04 earnings per share for the current fiscal year.

About FST

(Get Free Report)

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.

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