Mestek (OTCMKTS:MCCK) Shares Gap Down – What’s Next?

Mestek Inc. (OTCMKTS:MCCK)’s stock price gapped down prior to trading on Monday . The stock had previously closed at $72.45, but opened at $69.86. Mestek shares last traded at $69.86, with a volume of 796 shares changing hands.

Mestek Stock Performance

The stock’s 50-day simple moving average is $71.37 and its two-hundred day simple moving average is $66.13. The stock has a market cap of $527.59 million, a price-to-earnings ratio of 6.41 and a beta of 0.56.

Mestek (OTCMKTS:MCCK) last posted its quarterly earnings data on Thursday, May 14th. The company reported $3.44 EPS for the quarter. The business had revenue of $101.91 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.