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Webco Industries (OTCMKTS:WEBC) Stock Price Down 3.2% - Here's What Happened

Webco Industries logo with Industrials background

Webco Industries, Inc. (OTCMKTS:WEBC - Get Free Report)'s stock price was down 3.2% on Thursday . The stock traded as low as $179.00 and last traded at $179.00. Approximately 12 shares changed hands during mid-day trading, a decline of 92% from the average daily volume of 146 shares. The stock had previously closed at $185.00.

Webco Industries Price Performance

The firm's 50 day moving average is $181.83 and its two-hundred day moving average is $185.27. The firm has a market capitalization of $125.31 million, a P/E ratio of 13.99 and a beta of 0.05.

Webco Industries (OTCMKTS:WEBC - Get Free Report) last issued its earnings results on Thursday, May 22nd. The industrial products company reported $7.05 EPS for the quarter. The business had revenue of $155.37 million for the quarter.

About Webco Industries

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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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