Mestek (OTCMKTS:MCCK) Reaches New 12-Month High – Here’s Why

Mestek Inc. (OTCMKTS:MCCKGet Free Report)’s stock price reached a new 52-week high on Friday . The stock traded as high as $72.00 and last traded at $68.32, with a volume of 1040 shares traded. The stock had previously closed at $68.29.

Mestek Price Performance

The firm has a market capitalization of $528.22 million, a P/E ratio of 6.02 and a beta of 0.59. The firm has a 50-day moving average price of $66.69 and a two-hundred day moving average price of $60.49.

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

About Mestek

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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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