Webco Industries (OTCMKTS:WEBC) Shares Cross Above 50 Day Moving Average – Here’s Why

Webco Industries, Inc. (OTCMKTS:WEBCGet Free Report)’s stock price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $169.19 and traded as high as $175.00. Webco Industries shares last traded at $175.00, with a volume of 20 shares.

Webco Industries Price Performance

The stock has a market cap of $150.15 million, a PE ratio of 9.16 and a beta of 0.25. The company’s fifty day moving average is $169.19 and its 200-day moving average is $170.43.

Webco Industries (OTCMKTS:WEBCGet Free Report) last issued its quarterly earnings data on Monday, September 30th. The industrial products company reported $4.94 earnings per share (EPS) for the quarter. The company had revenue of $151.40 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.

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