Webco Industries (OTCMKTS:WEBC) Stock Price Crosses Above 50-Day Moving Average – Here’s What Happened

Webco Industries Inc. (OTCMKTS:WEBC) shares passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $230.51 and traded as high as $266.00. Webco Industries shares last traded at $266.00, with a volume of 5 shares changing hands.

Webco Industries Price Performance

The company has a market capitalization of $183.54 million, a PE ratio of 13.23 and a beta of -0.12. The business’s 50 day simple moving average is $230.51 and its 200 day simple moving average is $208.03.

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

Webco Industries Company Profile

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.