Webco Industries (OTCMKTS:WEBC) Share Price Crosses Above 50-Day Moving Average – Here’s What Happened

Webco Industries, Inc. (OTCMKTS:WEBCGet Free Report) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $169.19 and traded as high as $175.00. Webco Industries shares last traded at $175.00, with a volume of 20 shares.

Webco Industries Price Performance

The company’s fifty day simple moving average is $169.19 and its 200-day simple moving average is $170.43. The firm has a market capitalization of $150.15 million, a PE ratio of 9.16 and a beta of 0.25.

Webco Industries (OTCMKTS:WEBCGet Free Report) last announced its earnings results on Monday, September 30th. The industrial products company reported $4.94 earnings per share for the quarter. The business had revenue of $151.40 million for the quarter.

Webco Industries Company Profile

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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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