Posted by admin on Aug 12th, 2022

Shares of Webco Industries, Inc. (OTCMKTS:WEBC – Get Rating) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $197.49 and traded as low as $156.01. Webco Industries shares last traded at $156.01, with a volume of 148 shares.

The company has a market capitalization of $123.72 million, a P/E ratio of 2.42 and a beta of 0.58. The company’s 50-day simple moving average is $196.58 and its 200 day simple moving average is $197.49.

Webco Industries (OTCMKTS:WEBC – Get Rating) last posted its earnings results on Monday, May 23rd. The industrial products company reported $19.88 EPS for the quarter. The business had revenue of $190.58 million during the quarter.

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.

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