Mestek (OTCMKTS:MCCK) Trading 6.1% Higher – Here’s Why

Mestek Inc. (OTCMKTS:MCCK)’s stock price shot up 6.1% during mid-day trading on Monday . The company traded as high as $52.00 and last traded at $52.00. 253 shares traded hands during mid-day trading, a decline of 71% from the average session volume of 878 shares. The stock had previously closed at $49.00.

Mestek Price Performance

The stock has a fifty day moving average price of $51.23 and a 200-day moving average price of $46.23.

Mestek (OTCMKTS:MCCK) last issued its quarterly earnings data on Monday, November 10th. The company reported $2.86 EPS for the quarter. The business had revenue of $115.33 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.