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Webco Industries (OTCMKTS:WEBC) Stock Price Passes Below 200 Day Moving Average - What's Next?

Webco Industries logo with Industrials background

Webco Industries Inc. (OTCMKTS:WEBC - Get Free Report)'s share price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $187.30 and traded as low as $186.00. Webco Industries shares last traded at $186.00, with a volume of 5 shares traded.

Webco Industries Stock Performance

The stock has a market cap of $130.90 million, a price-to-earnings ratio of 20.89 and a beta of 0.04. The business's 50 day moving average is $183.78 and its 200 day moving average is $187.02.

Webco Industries (OTCMKTS:WEBC - Get Free Report) last posted its quarterly earnings results on Thursday, May 22nd. The industrial products company reported $7.05 earnings per share for the quarter. The business 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.

Further Reading

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