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Mestek (OTCMKTS:MCCK) Trading Down 2.2% - Time to Sell?

Mestek logo with Construction background

Mestek, Inc. (OTCMKTS:MCCK - Get Free Report) shares traded down 2.2% during mid-day trading on Friday . The stock traded as low as $31.50 and last traded at $33.25. 590 shares were traded during mid-day trading, a decline of 65% from the average session volume of 1,700 shares. The stock had previously closed at $34.00.

Mestek Stock Down 2.2 %

The firm has a market capitalization of $250.84 million, a P/E ratio of 3.13 and a beta of 0.50. The business's 50-day simple moving average is $31.11 and its 200 day simple moving average is $28.99.

Mestek (OTCMKTS:MCCK - Get Free Report) last issued its earnings results on Thursday, November 7th. The company reported $4.78 EPS for the quarter. The business had revenue of $101.83 million during the quarter.

Mestek Company Profile

(Get Free Report)

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.

Further Reading

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