Webco Industries (OTCMKTS:WEBC) Issues Earnings Results

Webco Industries (OTCMKTS:WEBC) posted its quarterly earnings results on Wednesday. The industrial products company reported ($2.91) earnings per share for the quarter, Zacks reports.

Webco Industries Price Performance

WEBC traded up $3.00 during midday trading on Wednesday, reaching $195.00. 10 shares of the company’s stock traded hands, compared to its average volume of 212. Webco Industries has a 52 week low of $137.00 and a 52 week high of $204.00. The firm has a fifty day moving average of $188.57 and a two-hundred day moving average of $177.13. The stock has a market capitalization of $138.84 million, a price-to-earnings ratio of 15.33 and a beta of 0.31.

Webco Industries Company Profile

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.