Webco Industries (OTCMKTS:WEBC) Shares Pass Above Fifty Day Moving Average - Should You Sell?

Key Points

• Webco Industries shares have recently crossed above their 50-day moving average, currently at $188.42, trading at a high of $189.99 during the latest session.
• The company's market capitalization is approximately $132.99 million, with a PE ratio of 21.23 and a low beta of 0.05, indicating low volatility.
• Webco Industries manufactures a variety of metal tubular products, serving multiple applications such as boiler tubes and heat exchangers.

Shares of Webco Industries Inc. (OTCMKTS:WEBC - ) crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $188.42 and traded as high as $189.99. Webco Industries shares last traded at $189.99, with a volume of 2 shares trading hands.

Webco Industries Stock Down 2.5%

The firm has a market capitalization of $132.99 million, a PE ratio of 21.23 and a beta of 0.05. The company's 50-day simple moving average is $188.42 and its 200 day simple moving average is $185.29.

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.

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