Webco Industries Inc. (OTCMKTS:WEBC – Get Free Report)’s share price shot up 3.6% during mid-day trading on Thursday. The company traded as high as $406.40 and last traded at $404.00. 73 shares were traded during mid-day trading, an increase of 7% from the average session volume of 68 shares. The stock had previously closed at $390.00.
Webco Industries Stock Performance
The company has a 50-day moving average price of $337.16 and a 200-day moving average price of $293.85. The firm has a market capitalization of $270.68 million, a price-to-earnings ratio of 15.22 and a beta of -0.10.
Webco Industries (OTCMKTS:WEBC – Get Free Report) last issued its quarterly earnings results on Friday, September 25th. The industrial products company reported $7.35 earnings per share for the quarter. The business had revenue of $189.73 million for the quarter.
Webco Industries Company Profile
Webco Industries, Inc. manufactures welded carbon and stainless steel tubing for industrial and commercial applications. Its products include standard and specialty tubing, as well as tubing designed for heat exchangers and other equipment. Founded in 1969, the company is based in Sand Springs, Oklahoma. Webco serves customers in industries that use tubing in manufacturing, processing and equipment systems.
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