Webco Industries (OTCMKTS:WEBC) Stock Price Passes Below 200 Day Moving Average of $171.44

Webco Industries, Inc. (OTCMKTS:WEBCGet Free Report) shares passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $171.44 and traded as low as $165.04. Webco Industries shares last traded at $165.04, with a volume of 100 shares traded.

Webco Industries Stock Performance

The stock has a market capitalization of $142.59 million, a P/E ratio of 6.76 and a beta of 0.26. The stock’s fifty day simple moving average is $172.27 and its two-hundred day simple moving average is $171.45.

Webco Industries (OTCMKTS:WEBCGet Free Report) last posted its quarterly earnings data on Thursday, May 23rd. The industrial products company reported $7.49 earnings per share for the quarter. The firm had revenue of $153.22 million for the quarter.

About Webco Industries

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Webco Industries, Inc manufactures and distributes carbon steel, stainless steel, and other metal tubular products. The company offers cold drawn welded and seamless tubing products for use in air cooler and heater, boiler tube, coiled tubing, steam surface condenser, feed water heater, heat exchanger, instrumentation tubing, mechanical tube, welded pipe, pressure tubing, and specialty stainless tubing, as well as original equipment manufacturer applications.

Further Reading

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