Mestek (OTCMKTS:MCCK) Shares Up 3.5% – Time to Buy?

Mestek Inc. (OTCMKTS:MCCKGet Free Report)’s share price shot up 3.5% during trading on Tuesday . The stock traded as high as $72.45 and last traded at $72.45. 152 shares changed hands during trading, a decline of 55% from the average daily volume of 341 shares. The stock had previously closed at $70.00.

Mestek Stock Performance

The stock has a market cap of $547.00 million, a PE ratio of 6.64 and a beta of 0.57. The business has a 50 day moving average price of $71.27 and a two-hundred day moving average price of $65.43.

Mestek (OTCMKTS:MCCKGet Free Report) last issued its quarterly earnings results on Thursday, May 14th. The company reported $3.44 EPS for the quarter. The business had revenue of $101.91 million for the quarter.

Mestek Company Profile

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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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