Mestek (OTCMKTS:MCCK) Shares Gap Down – Should You Sell?

Shares of Mestek Inc. (OTCMKTS:MCCKGet Free Report) gapped down prior to trading on Monday . The stock had previously closed at $72.45, but opened at $69.86. Mestek shares last traded at $69.86, with a volume of 796 shares trading hands.

Mestek Stock Performance

The firm has a market capitalization of $527.44 million, a P/E ratio of 6.40 and a beta of 0.56. The business has a 50 day simple moving average of $71.37 and a two-hundred day simple moving average of $65.86.

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

About Mestek

(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.

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