Mestek (OTCMKTS:MCCK) Shares Gap Up – Still a Buy?

Mestek Inc. (OTCMKTS:MCCK)’s stock price gapped up before the market opened on Monday . The stock had previously closed at $65.00, but opened at $70.50. Mestek shares last traded at $71.00, with a volume of 350 shares trading hands.

Mestek Stock Performance

The firm has a market capitalization of $536.05 million, a PE ratio of 6.10 and a beta of 0.58. The firm has a fifty day moving average of $66.97 and a 200 day moving average of $58.78.

Mestek (OTCMKTS:MCCK) last announced its earnings results on Monday, April 13th. The company reported $0.27 EPS for the quarter. The company had revenue of $111.35 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.