Federal Screw Works (OTCMKTS:FSCR) Stock Price Down 6.1% – Should You Sell?

Federal Screw Works (OTCMKTS:FSCR)’s share price was down 6.1% during mid-day trading on Thursday. The company traded as low as $6.20 and last traded at $6.20. 400 shares were traded during trading, an increase of 517% from the average daily volume of 65 shares. The stock had previously closed at $6.60.

Federal Screw Works Trading Down 6.1%

The firm has a market capitalization of $8.56 million, a P/E ratio of -2.67 and a beta of 0.96. The company’s fifty day simple moving average is $6.74 and its 200 day simple moving average is $7.94.

Federal Screw Works (OTCMKTS:FSCR) last posted its earnings results on Friday, September 11th. The company reported ($2.44) EPS for the quarter. The firm had revenue of $28.69 million for the quarter.

About Federal Screw Works

Federal Screw Works is a U.S. manufacturer of engineered metal fasteners and other cold-formed components. The company has historically produced screws, bolts, rivets, studs, pins and other specialty parts used in automotive, industrial and general manufacturing applications.

Its manufacturing capabilities have included cold heading, thread rolling and related metal-forming processes designed to produce high-volume, precision components. Federal Screw Works has served original equipment manufacturers and industrial customers requiring standardized and custom fasteners.

The company is based in Michigan and has operated as a publicly traded business under the Federal Screw Works name.