Webco Industries (OTCMKTS:WEBC) Stock Passes Above Fifty Day Moving Average – Here’s Why

Webco Industries, Inc. (OTCMKTS:WEBCGet Free Report)’s share price passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $186.07 and traded as high as $190.00. Webco Industries shares last traded at $181.00, with a volume of 62 shares trading hands.

Webco Industries Price Performance

The stock has a market cap of $134.90 million, a P/E ratio of 14.94 and a beta of 0.31. The company has a fifty day moving average price of $186.79 and a 200 day moving average price of $176.24.

Webco Industries (OTCMKTS:WEBCGet Free Report) last issued its quarterly earnings data on Monday, December 2nd. The industrial products company reported ($0.13) EPS for the quarter.

About Webco Industries

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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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