Webco Industries, Inc. (OTCMKTS:WEBC - Get Free Report)'s share price dropped 5.8% during mid-day trading on Thursday . The company traded as low as $162.00 and last traded at $162.00. Approximately 60 shares were traded during mid-day trading, a decline of 78% from the average daily volume of 268 shares. The stock had previously closed at $172.00.
Webco Industries Trading Down 5.8 %
The company has a market capitalization of $138.67 million, a PE ratio of 12.74 and a beta of 0.26. The firm has a fifty day moving average of $175.26 and a two-hundred day moving average of $170.85.
Webco Industries (OTCMKTS:WEBC - Get Free Report) last announced its quarterly 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 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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