Webco Industries (OTCMKTS:WEBC) Shares Down 3.1%

Webco Industries, Inc. (OTCMKTS:WEBC)’s stock price was down 3.1% during trading on Wednesday . The stock traded as low as $126.00 and last traded at $126.00, approximately 100 shares traded hands during trading. An increase of 905% from the average daily volume of 10 shares. The stock had previously closed at $130.00.

The business has a fifty day moving average of $127.38. The stock has a market capitalization of $115.20 million, a PE ratio of 4.31 and a beta of 1.24.

Webco Industries (OTCMKTS:WEBC) last released its quarterly earnings data on Wednesday, June 5th. The industrial products company reported $7.11 earnings per share for the quarter. The business had revenue of $145.75 million for the quarter.

About Webco Industries (OTCMKTS:WEBC)

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.

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