Mestek (OTCMKTS:MCCK) Posts Quarterly Earnings Results

Key Points

• Mestek reported quarterly earnings of $0.27 per share.
• The stock opened at $64.00, trades in a 52‑week range of $31.50–$71.50, and the company has a market capitalization of $483.2 million with a price-to-earnings ratio of 5.96.
• Mestek manufactures heating, ventilating and air conditioning products and metal forming equipment under brands such as Lockformer, IowaPrecision, Engel and Lion.

Mestek (OTCMKTS:MCCK - Get Free Report) issued its earnings results on Monday. The company reported $0.27 earnings per share for the quarter, Zacks reports.

Mestek Stock Performance

OTCMKTS MCCK opened at $64.00 on Tuesday. Mestek has a 1-year low of $31.50 and a 1-year high of $71.50. The company has a market capitalization of $483.20 million, a price-to-earnings ratio of 5.96 and a beta of 0.58. The stock's 50 day moving average is $66.44 and its two-hundred day moving average is $58.03.

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.

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