FST (NASDAQ:KBSX) Posts Quarterly Earnings Results, Meets Expectations

FST (NASDAQ:KBSX) announced its quarterly earnings results on Thursday. The company reported $0.01 EPS for the quarter, meeting the consensus estimate of $0.01, Zacks reports. The company had revenue of $12.80 million for the quarter. FST had a return on equity of 7.48% and a net margin of 0.92%.

FST Trading Up 4.6%

NASDAQ:KBSX opened at $1.37 on Friday. The business has a 50 day moving average price of $1.28 and a two-hundred day moving average price of $1.22. FST has a twelve month low of $0.81 and a twelve month high of $1.79. The company has a market cap of $51.72 million, a P/E ratio of 68.53 and a beta of 0.30. The company has a quick ratio of 0.54, a current ratio of 0.94 and a debt-to-equity ratio of 0.60.

About FST

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.