Mestek (OTCMKTS:MCCK) Trading 1.6% Higher – What’s Next?

Shares of Mestek Inc. (OTCMKTS:MCCKGet Free Report) were up 1.6% during trading on Thursday . The stock traded as high as $63.00 and last traded at $63.00. Approximately 159 shares traded hands during trading, a decline of 57% from the average daily volume of 374 shares. The stock had previously closed at $62.00.

Mestek Stock Performance

The firm’s 50-day simple moving average is $56.08 and its 200-day simple moving average is $51.49.

Mestek (OTCMKTS:MCCKGet Free Report) last released its earnings results on Monday, November 10th. The company reported $2.86 earnings per share for the quarter. The company had revenue of $115.33 million during the quarter.

Mestek Company Profile

(Get Free Report)

Mestek, Inc, together with its subsidiaries, manufactures and sells heating, ventilating, and air conditioning products and equipment; and metal forming equipment in the United States and internationally. The company offers equipment for heating, ventilation, and air conditioning primarily under the Lockformer, lowaPrecision, Engel, and Lion brands; roll forming and flexible fabrication equipment; metal stamping products, including uncoilers, straighteners, press feeds, and dies; and coil metal processing products, including cut-to-length, multi-blanking, and coil slitting and precision corrective levelers.

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