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Mestek (OTCMKTS:MCCK) Shares Up 6.5% - Should You Buy?

Mestek logo with Construction background

Mestek, Inc. (OTCMKTS:MCCK - Get Free Report) shares shot up 6.5% on Friday . The stock traded as high as $39.92 and last traded at $39.92. 289 shares changed hands during trading, a decline of 70% from the average session volume of 954 shares. The stock had previously closed at $37.50.

Mestek Stock Up 6.5%

The company has a market capitalization of $301.16 million, a PE ratio of 3.76 and a beta of 0.41. The company's 50 day moving average is $34.28 and its two-hundred day moving average is $33.45.

Mestek (OTCMKTS:MCCK - Get Free Report) last posted its earnings results on Thursday, May 15th. The company reported $4.16 earnings per share for the quarter. The company had revenue of $100.47 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.

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