Webco Industries (OTCMKTS:WEBC) Releases Quarterly Earnings Results

Webco Industries (OTCMKTS:WEBC) announced its earnings results on Wednesday. The industrial products company reported ($2.91) earnings per share for the quarter, Zacks reports. The firm had revenue of $129.71 million for the quarter.

Webco Industries Price Performance

Shares of WEBC stock opened at $195.00 on Friday. The business’s fifty day moving average is $189.49 and its 200 day moving average is $177.38. The stock has a market cap of $138.84 million, a price-to-earnings ratio of 15.33 and a beta of 0.31. Webco Industries has a twelve month low of $137.00 and a twelve month high of $204.00.

About Webco Industries

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.