Mestek (OTCMKTS:MCCK) Trading Down 3.2% – What’s Next?

Mestek, Inc. (OTCMKTS:MCCK)’s stock price fell 3.2% during trading on Wednesday . The stock traded as low as $30.00 and last traded at $30.00. 300 shares traded hands during mid-day trading, a decline of 84% from the average session volume of 1,896 shares. The stock had previously closed at $31.00.

Mestek Price Performance

The firm has a fifty day moving average price of $30.03 and a 200-day moving average price of $27.66. The company has a market capitalization of $233.74 million, a P/E ratio of 4.68 and a beta of 0.50.

Mestek (OTCMKTS:MCCK) last released its earnings results on Friday, August 9th. The company reported $2.40 EPS for the quarter. The business had revenue of $92.53 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.