Shares of Mestek, Inc. (OTCMKTS:MCCK – Get Free Report) dropped 2.2% during trading on Friday . The company traded as low as $31.50 and last traded at $33.25. Approximately 590 shares traded hands during trading, a decline of 65% from the average daily volume of 1,700 shares. The stock had previously closed at $34.00.
Mestek Trading Down 2.2 %
The stock’s fifty day moving average price is $31.11 and its 200 day moving average price is $29.03. The stock has a market cap of $250.71 million, a P/E ratio of 3.13 and a beta of 0.50.
Mestek (OTCMKTS:MCCK – Get Free Report) last posted its quarterly earnings data on Thursday, November 7th. The company reported $4.78 EPS for the quarter. The business had revenue of $101.83 million for the quarter.
About Mestek
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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