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Webco Industries (OTCMKTS:WEBC) Stock Price Crosses Above Fifty Day Moving Average - Here's Why

Webco Industries logo with Industrials background

Webco Industries Inc. (OTCMKTS:WEBC - Get Free Report) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $182.40 and traded as high as $185.00. Webco Industries shares last traded at $185.00, with a volume of 40 shares changing hands.

Webco Industries Trading Down 2.1%

The company has a market capitalization of $130.24 million, a PE ratio of 20.67 and a beta of 0.04. The stock has a fifty day moving average of $182.54 and a two-hundred day moving average of $186.08.

Webco Industries (OTCMKTS:WEBC - Get Free Report) last announced its quarterly earnings data on Thursday, May 22nd. The industrial products company reported $7.05 earnings per share for the quarter. The firm had revenue of $155.37 million for the quarter.

About Webco Industries

(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.

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