Mestek (OTCMKTS:MCCK) Shares Gap Up – Here’s What Happened
by Jessica Moore · The Cerbat GemMestek Inc. (OTCMKTS:MCCK – Get Free Report) gapped up prior to trading on Monday . The stock had previously closed at $65.00, but opened at $70.50. Mestek shares last traded at $71.00, with a volume of 350 shares trading hands.
Mestek Price Performance
The business’s 50-day moving average price is $66.73 and its two-hundred day moving average price is $58.50. The company has a market capitalization of $536.05 million, a price-to-earnings ratio of 6.10 and a beta of 0.58.
Mestek (OTCMKTS:MCCK – Get Free Report) last issued its quarterly earnings data on Monday, April 13th. The company reported $0.27 earnings per share for the quarter. The business had revenue of $111.35 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.