Mestek (OTCMKTS:MCCK) Shares Gap Up – What’s Next?

Shares of Mestek Inc. (OTCMKTS:MCCK – Get Free Report) gapped up prior to trading on Tuesday. The stock had previously closed at $62.00, but opened at $70.80. Mestek shares last traded at $70.80, with a volume of 177 shares trading hands.

Mestek Price Performance

The company has a market cap of $534.54 million, a price-to-earnings ratio of 61.03 and a beta of 0.55. The firm’s fifty day moving average price is $64.63 and its 200-day moving average price is $67.45.

Mestek (OTCMKTS:MCCK – Get Free Report) last released 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

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Mestek, Inc is a diversified manufacturer of heating, ventilation and air-conditioning (HVAC) equipment and related building products. The company supplies products used in air distribution, temperature control, ventilation and other building-system applications.

Its product offerings include air-handling and air-distribution equipment, grilles, registers, diffusers, dampers, louvers, controls and related HVAC components. Mestek also manufactures architectural metal products and specialty equipment for commercial, industrial, institutional and residential construction projects.

Based in Westfield, Massachusetts, Mestek serves customers through a portfolio of manufacturing operations and product brands.

Further Reading

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