Mestek (OTCMKTS:MCCK) Shares Gap Down – Time to Sell?

Mestek Inc. (OTCMKTS:MCCKGet Free Report) gapped down before the market opened on Monday . The stock had previously closed at $73.50, but opened at $70.00. Mestek shares last traded at $70.00, with a volume of 100 shares trading hands.

Mestek Stock Up 0.1%

The company has a market capitalization of $551.53 million, a P/E ratio of 6.70 and a beta of 0.59. The company has a 50-day moving average of $67.17 and a two-hundred day moving average of $60.90.

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

Receive News & Ratings for Mestek Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mestek and related companies with MarketBeat.com's FREE daily email newsletter.