FST (NASDAQ:KBSX) Stock Price Down 0.4% – Time to Sell?

FST Corp. (NASDAQ:KBSX)’s share price traded down 0.4% during mid-day trading on Friday . The stock traded as low as $1.30 and last traded at $1.3050. 3,063 shares were traded during trading, a decline of 62% from the average session volume of 7,956 shares. The stock had previously closed at $1.31.

FST Stock Down 0.4%

The business’s fifty day moving average price is $1.25 and its 200 day moving average price is $1.42. The company has a current ratio of 0.79, a quick ratio of 0.45 and a debt-to-equity ratio of 1.57.

FST (NASDAQ:KBSX) last announced its quarterly earnings data on Friday, February 13th. The company reported ($0.01) earnings per share (EPS) for the quarter. The company had revenue of $13.22 million for the quarter.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in FST stock. Geode Capital Management LLC acquired a new stake in FST Corp. (NASDAQ:KBSX) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 41,123 shares of the company’s stock, valued at approximately $73,000. Geode Capital Management LLC owned 0.11% of FST as of its most recent SEC filing. 50.85% of the stock is currently owned by institutional investors.

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.