Shares of Mestek Inc. (OTCMKTS:MCCK – Get Free Report) gapped up prior to trading 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.
Mestek Trading Up 1.5%
The company has a 50 day moving average price of $67.23 and a 200 day moving average price of $68.16. The company has a market capitalization of $505.58 million, a P/E ratio of 57.76 and a beta of 0.57.
Mestek (OTCMKTS:MCCK – Get Free Report) last released its quarterly earnings results on Friday, August 14th. The company reported ($5.41) earnings per share for the quarter. The company had revenue of $106.14 million for the quarter.
Mestek Company Profile
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.
Recommended Stories
- Five stocks we like better than Mestek
- Looking Beyond NVIDIA? These 3 AI ETFs Are Beating the Market
- Palantir’s Kool-Aid Moment: The Math Behind Karp’s Forecast
- OpenAI’s Jalapeño Chip Could Change the AI Hardware Race
- Gold and Bitcoin Are Rebounding—2 ETFs Give Investors a Different Kind of Exposure
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.
