Mestek (OTCMKTS:MCCK) Shares Gap Up – Still a Buy?

Mestek Inc. (OTCMKTS:MCCKGet Free Report)’s share price gapped up prior to trading on Friday . The stock had previously closed at $64.30, but opened at $71.00. Mestek shares last traded at $71.00, with a volume of 372 shares.

Mestek Price Performance

The company has a fifty day simple moving average of $71.26 and a 200-day simple moving average of $66.38. The company has a market cap of $536.05 million, a P/E ratio of 6.51 and a beta of 0.56.

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

Mestek Company Profile

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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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