Webco Industries (OTCMKTS:WEBC) Posts Earnings Results

Webco Industries (OTCMKTS:WEBC – Get Free Report) issued its quarterly earnings data on Friday. The industrial products company reported $7.35 EPS for the quarter, Zacks reports.

Webco Industries Price Performance

Shares of WEBC stock traded up $5.00 on Friday, hitting $325.00. The stock had a trading volume of 25 shares, compared to its average volume of 176. The business has a 50 day moving average of $295.88 and a 200 day moving average of $284.50. Webco Industries has a 12-month low of $186.00 and a 12-month high of $375.00. The stock has a market cap of $224.25 million, a price-to-earnings ratio of 11.46 and a beta of -0.03.

About Webco Industries

(Get Free Report)

Webco Industries, Inc is a U.S.-based manufacturer of tubular products for industrial and commercial applications. The company produces carbon steel, stainless steel and nickel-alloy tubing, with capabilities that include welded, seamless and drawn-over-mandrel products.

Its product offerings are used in heat exchangers, boilers, hydraulic systems, automotive equipment, energy applications and other specialized industrial systems. Webco also provides value-added services such as tubing fabrication, finishing, testing and custom processing to meet customer-specific specifications.

Founded in 1969, Webco Industries is headquartered in Sand Springs, Oklahoma, and operates manufacturing and service facilities in the United States.

Further Reading

Earnings History for Webco Industries (OTCMKTS:WEBC)

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