Webco Industries (OTCMKTS:WEBC) Posts Quarterly Earnings Results

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

Webco Industries Trading Up 1.6 %

Shares of OTCMKTS:WEBC traded up $3.00 during trading on Wednesday, hitting $195.00. 10 shares of the stock were exchanged, compared to its average volume of 212. The company has a market cap of $138.84 million, a PE ratio of 15.33 and a beta of 0.31. The company has a fifty day moving average price of $188.57 and a two-hundred day moving average price of $177.13. Webco Industries has a 12-month low of $137.00 and a 12-month high of $204.00.

Webco Industries Company Profile

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.