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

Webco Industries logo with Industrial Products background

Webco Industries Inc. (OTCMKTS:WEBC - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $185.21 and traded as low as $181.00. Webco Industries shares last traded at $181.00, with a volume of 10 shares trading hands.

Webco Industries Price Performance

The company has a market capitalization of $126.70 million, a P/E ratio of 20.22 and a beta of 0.05. The company has a fifty day moving average price of $179.40 and a 200 day moving average price of $185.16.

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

Webco Industries Company Profile

(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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