Mestek (OTCMKTS:MCCK) Shares Down 2% – Should You Sell?

Mestek Inc. (OTCMKTS:MCCKGet Free Report)’s stock price was down 2% during trading on Thursday . The company traded as low as $48.00 and last traded at $48.00. Approximately 1,105 shares changed hands during mid-day trading, an increase of 92% from the average daily volume of 577 shares. The stock had previously closed at $49.00.

Mestek Stock Down 2.0%

The stock has a market capitalization of $362.11 million, a price-to-earnings ratio of 3.79 and a beta of 0.49. The company has a 50 day moving average of $43.48 and a 200 day moving average of $37.21.

Mestek (OTCMKTS:MCCKGet Free Report) last released its earnings results on Monday, August 11th. The company reported $4.34 EPS for the quarter. The business had revenue of $97.47 million during the quarter.

Mestek Company Profile

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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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