Federal Screw Works (OTCMKTS:FSCR) Stock Price Down 3.4% – Here’s Why

Federal Screw Works (OTCMKTS:FSCR) was down 3.4% on Tuesday . The company traded as low as $6.86 and last traded at $7.00. Approximately 61,490 shares changed hands during trading, an increase of 1,537% from the average daily volume of 3,756 shares. The stock had previously closed at $7.25.

Federal Screw Works Stock Down 3.4 %

The company’s fifty day moving average price is $7.87 and its 200-day moving average price is $7.43. The stock has a market capitalization of $9.67 million, a PE ratio of -9.86 and a beta of 0.74.

Federal Screw Works Company Profile

Federal Screw Works manufactures and sells industrial component parts primarily to the automobile industry in the United States. It operates through Big Rapids, Romulus, Traverse City, and Novex Tool divisions. The company offers cold formed and machined pins, including piston pins, planetary and differential gear shafts, and oil pump and steering shafts for the automotive, refrigeration, and small engine industries; and cold formed machined products, such as suspension ball studs, fluid line adapters, and precision formed and machined valve lifter bodies to the automotive industry.