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Webco Industries (OTCMKTS:WEBC) Share Price Passes Above 50 Day Moving Average - Here's Why

Webco Industries logo with Industrial Products background

Webco Industries, Inc. (OTCMKTS:WEBC - Get Free Report) crossed 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 changing hands.

Webco Industries Trading Down 0.1 %

The firm has a market cap of $150.50 million, a P/E ratio of 9.16 and a beta of 0.25. The business's fifty day simple moving average is $169.36 and its 200-day simple moving average is $170.46.

Webco Industries (OTCMKTS:WEBC - Get Free Report) last posted its earnings results on Monday, September 30th. The industrial products company reported $4.94 EPS 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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