FST (NASDAQ:KBSX) Shares Break Above 50 Day Moving Average – What’s Next?

FST Corp. (NASDAQ:KBSX)’s stock price crossed above its fifty day moving average during trading on Tuesday. The stock has a fifty day moving average of $1.29 and traded as high as $1.40. FST shares last traded at $1.3490, with a volume of 3,845 shares.

FST Price Performance

The company has a 50 day moving average of $1.29 and a 200-day moving average of $1.22. The firm has a market capitalization of $50.92 million, a P/E ratio of 67.48 and a beta of 0.32. The company has a current ratio of 0.92, a quick ratio of 0.52 and a debt-to-equity ratio of 0.57.

FST (NASDAQ:KBSX) last issued its quarterly earnings data on Thursday, October 29th. The company reported $0.01 EPS for the quarter, meeting analysts’ consensus estimates of $0.01. The firm had revenue of $12.80 million for the quarter. FST had a return on equity of 7.45% and a net margin of 0.92%. On average, sell-side analysts predict that FST Corp. will post 0.04 EPS for the current year.

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.