Mestek (OTCMKTS:MCCK) Hits New 52-Week High – Here’s Why

Mestek Inc. (OTCMKTS:MCCKGet Free Report)’s share price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $76.50 and last traded at $76.50, with a volume of 1507 shares. The stock had previously closed at $73.05.

Mestek Stock Performance

The company has a market cap of $577.58 million, a PE ratio of 7.01 and a beta of 0.59. The company’s 50-day simple moving average is $67.76 and its 200 day simple moving average is $61.32.

Mestek (OTCMKTS:MCCKGet Free Report) last posted its quarterly earnings data on Thursday, May 14th. The company reported $3.44 earnings per share 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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