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Webco Industries (OTCMKTS:WEBC) Stock Price Crosses Below 200-Day Moving Average - Here's What Happened

Webco Industries logo with Industrials background

Webco Industries, Inc. (OTCMKTS:WEBC - Get Free Report)'s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $183.75 and traded as low as $159.80. Webco Industries shares last traded at $159.80, with a volume of 2 shares traded.

Webco Industries Price Performance

The stock has a market capitalization of $113.94 million, a price-to-earnings ratio of 12.56 and a beta of 0.01. The firm has a 50-day moving average of $187.18 and a two-hundred day moving average of $183.64.

Webco Industries (OTCMKTS:WEBC - Get Free Report) last announced its quarterly earnings data on Wednesday, February 26th. The industrial products company reported ($2.91) EPS for the quarter. The firm had revenue of $129.71 million during 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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