Mestek (OTCMKTS:MCCK) Stock Price Up 2% – Still a Buy?

Mestek Inc. (OTCMKTS:MCCK) shares shot up 2% on Tuesday . The company traded as high as $55.50 and last traded at $55.50. 110 shares were traded during trading, a decline of 49% from the average session volume of 214 shares. The stock had previously closed at $54.43.

Mestek Stock Performance

The stock has a 50-day simple moving average of $51.76 and a 200 day simple moving average of $47.83.

Mestek (OTCMKTS:MCCK) last announced its quarterly earnings data on Monday, November 10th. The company reported $2.86 earnings per share for the quarter. The firm had revenue of $115.33 million during 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.