Shares of Mestek Inc. (OTCMKTS:MCCK – Get Free Report) gapped up before the market opened on Friday . The stock had previously closed at $64.30, but opened at $71.00. Mestek shares last traded at $71.00, with a volume of 372 shares.
Mestek Stock Up 2.9%
The company has a market capitalization of $535.77 million, a price-to-earnings ratio of 6.51 and a beta of 0.56. The stock has a fifty day moving average price of $71.23 and a two-hundred day moving average price of $66.35.
Mestek (OTCMKTS:MCCK – Get Free Report) last released its earnings results on Thursday, May 14th. The company reported $3.44 EPS for the quarter. The firm had revenue of $101.91 million during the quarter.
About Mestek
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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