Webco Industries (OTCMKTS:WEBC) Trading Up 2.2% – Here’s Why

Webco Industries, Inc. (OTCMKTS:WEBCGet Free Report) was up 2.2% during mid-day trading on Wednesday . The stock traded as high as $176.75 and last traded at $176.75. Approximately 322 shares traded hands during trading, an increase of 12% from the average daily volume of 288 shares. The stock had previously closed at $173.00.

Webco Industries Price Performance

The firm has a market capitalization of $152.01 million, a price-to-earnings ratio of 9.25 and a beta of 0.25. The business’s fifty day simple moving average is $168.66 and its 200 day simple moving average is $170.19.

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

About Webco Industries

(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.

Featured Articles

Receive News & Ratings for Webco Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Webco Industries and related companies with MarketBeat.com's FREE daily email newsletter.