Webco Industries (OTCMKTS:WEBC) Issues Earnings Results

Webco Industries (OTCMKTS:WEBC) announced its quarterly earnings data on Wednesday. The industrial products company reported ($2.91) earnings per share for the quarter, Zacks reports.

Webco Industries Stock Performance

Shares of WEBC stock opened at $195.00 on Thursday. The stock’s fifty day moving average is $188.57 and its two-hundred day moving average is $177.13. The firm has a market capitalization of $138.84 million, a P/E ratio of 15.33 and a beta of 0.31. Webco Industries has a fifty-two week low of $137.00 and a fifty-two week high of $204.00.

About Webco Industries

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.