Webco Industries (OTCMKTS:WEBC) Stock Price Passes Above 200-Day Moving Average – Here’s What Happened

Webco Industries, Inc. (OTCMKTS:WEBCGet Free Report)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $181.68 and traded as high as $192.50. Webco Industries shares last traded at $190.26, with a volume of 43 shares.

Webco Industries Trading Down 1.2 %

The company has a market capitalization of $135.66 million, a price-to-earnings ratio of 14.96 and a beta of 0.30. The firm has a 50-day simple moving average of $191.90 and a two-hundred day simple moving average of $181.90.

Webco Industries (OTCMKTS:WEBCGet Free Report) last announced its quarterly earnings results on Wednesday, February 26th. The industrial products company reported ($2.91) earnings per share for the quarter. The company had revenue of $129.71 million during the quarter.

Webco Industries Company Profile

(Get Free Report)

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.

Read More

Receive News & Ratings for Webco Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Webco Industries and related companies with MarketBeat.com's FREE daily email newsletter.