Webco Industries (OTCMKTS:WEBC) Shares Cross Above 50 Day Moving Average of $208.84 - Defense World

2022-06-25 05:32:14 By : Mr. jianqun lin

Posted by admin on Jun 22nd, 2022

Webco Industries, Inc. (OTCMKTS:WEBC – Get Rating) crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $208.84 and traded as high as $217.00. Webco Industries shares last traded at $217.00, with a volume of 300 shares trading hands.

The firm has a market cap of $172.73 million, a price-to-earnings ratio of 3.37 and a beta of 0.79. The stock’s 50 day moving average is $208.84 and its 200 day moving average is $190.01.

Webco Industries (OTCMKTS:WEBC – Get Rating) last posted its quarterly earnings results on Monday, May 23rd. The industrial products company reported $19.88 earnings per share (EPS) for the quarter. The business had revenue of $190.58 million during the quarter.

About Webco Industries (OTCMKTS:WEBC)

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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