Webco Industries (OTCMKTS:WEBC) Stock Price Up 0.3% – Still a Buy?

Shares of Webco Industries, Inc. (OTCMKTS:WEBCGet Free Report) traded up 0.3% on Thursday . The company traded as high as $190.63 and last traded at $190.63. 52 shares traded hands during mid-day trading, a decline of 72% from the average session volume of 189 shares. The stock had previously closed at $190.00.

Webco Industries Price Performance

The business has a 50 day simple moving average of $193.61 and a two-hundred day simple moving average of $179.99. The firm has a market cap of $134.58 million, a PE ratio of 14.99 and a beta of 0.30.

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

Webco Industries Company Profile

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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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