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Webco Industries (OTCMKTS:WEBC) Stock Price Crosses Below Two Hundred Day Moving Average - What's Next?

Webco Industries logo with Industrials background

Webco Industries, Inc. (OTCMKTS:WEBC - Get Free Report)'s share price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $183.75 and traded as low as $159.80. Webco Industries shares last traded at $159.80, with a volume of 2 shares trading hands.

Webco Industries Price Performance

The company has a market cap of $113.94 million, a P/E ratio of 12.56 and a beta of 0.01. The stock has a 50 day moving average price of $187.78 and a two-hundred day moving average price of $183.58.

Webco Industries (OTCMKTS:WEBC - Get Free Report) last posted its quarterly earnings data on Wednesday, February 26th. The industrial products company reported ($2.91) earnings per share for the quarter. The business had revenue of $129.71 million during 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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