Mestek (OTCMKTS:MCCK) Shares Up 4.4% – Should You Buy?

Mestek Inc. (OTCMKTS:MCCK – Get Free Report)’s stock price rose 4.4% during trading on Friday. The company traded as high as $62.00 and last traded at $62.00. Approximately 355 shares changed hands during mid-day trading, an increase of 28% from the average session volume of 277 shares. The stock had previously closed at $59.40.

Mestek Price Performance

The firm has a market cap of $468.10 million, a price-to-earnings ratio of 53.45 and a beta of 0.55. The firm’s fifty day moving average is $64.52 and its 200-day moving average is $67.35.

Mestek (OTCMKTS:MCCK – Get Free Report) last issued its quarterly earnings results on Friday, August 14th. The company reported ($5.41) EPS for the quarter. The business had revenue of $106.14 million for the quarter.

Mestek Company Profile

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Mestek, Inc is a diversified manufacturer of heating, ventilation and air-conditioning (HVAC) equipment and related building products. The company supplies products used in air distribution, temperature control, ventilation and other building-system applications.

Its product offerings include air-handling and air-distribution equipment, grilles, registers, diffusers, dampers, louvers, controls and related HVAC components. Mestek also manufactures architectural metal products and specialty equipment for commercial, industrial, institutional and residential construction projects.

Based in Westfield, Massachusetts, Mestek serves customers through a portfolio of manufacturing operations and product brands.

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