Mestek (OTCMKTS:MCCK) Shares Gap Up – Still a Buy?

Mestek Inc. (OTCMKTS:MCCKGet Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $66.00, but opened at $71.00. Mestek shares last traded at $67.00, with a volume of 938 shares trading hands.

Mestek Price Performance

The firm has a 50 day simple moving average of $67.23 and a two-hundred day simple moving average of $68.16. The stock has a market cap of $505.58 million, a price-to-earnings ratio of 57.76 and a beta of 0.57.

Mestek (OTCMKTS:MCCKGet Free Report) last issued its quarterly earnings results on Friday, August 14th. The company reported ($5.41) EPS for the quarter. The firm had revenue of $106.14 million for 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.

Further Reading

Receive News & Ratings for Mestek Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mestek and related companies with MarketBeat.com's FREE daily email newsletter.