Webco Industries (OTCMKTS:WEBC) Stock Passes Above 50-Day Moving Average – Time to Sell?

Shares of Webco Industries Inc. (OTCMKTS:WEBC) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $205.36 and traded as high as $214.50. Webco Industries shares last traded at $214.50, with a volume of 11 shares.

Webco Industries Trading Up 2.6%

The firm has a market capitalization of $150.15 million, a price-to-earnings ratio of 10.67 and a beta of -0.12. The stock’s 50-day moving average is $205.36 and its 200-day moving average is $194.31.

Webco Industries (OTCMKTS:WEBC) last announced its quarterly earnings results on Monday, November 24th. The industrial products company reported $6.79 EPS for the quarter. The firm had revenue of $159.73 million during the quarter.

About Webco Industries

Webco Industries, Inc is a U.S.-based manufacturer specializing in precision-engineered carbon and alloy steel tubular products. The company produces seamless tubing in a range of sizes and grades for demanding applications, including energy exploration, hydraulic and pneumatic cylinders, off-highway equipment and general industrial uses. Webco’s capabilities encompass tubing up to six inches in outer diameter, with wall thicknesses tailored to high-pressure environments.

Beyond standard tubing, Webco offers an array of value-added services such as cutting, end finishing, threading, end polishing and customized packaging to meet customer specifications.