Mestek (OTCMKTS:MCCK) Reaches New 1-Year High – Still a Buy?

Shares of Mestek Inc. (OTCMKTS:MCCKGet Free Report) hit a new 52-week high during trading on Thursday . The company traded as high as $76.50 and last traded at $76.50, with a volume of 1507 shares changing hands. The stock had previously closed at $73.05.

Mestek Stock Performance

The stock has a market capitalization of $577.27 million, a P/E ratio of 7.01 and a beta of 0.59. The business has a 50-day moving average price of $67.32 and a 200 day moving average price of $61.05.

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

About Mestek

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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.

Further Reading

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