Stewart Reed - Mestek Chairman

MCCK Stock  USD 63.00  1.00  1.61%   

Chairman

Mr. S.B. Reed was employed as the Executive Vice President of the Mestek, Inc and now serves as a consultant to the Company on acquisitions, labor and employment matters. He is a member of the Executive Committee. Prior to the 1986 merger of Mestek, Inc. and Reed National Corporationration, Mr. Reed had been Executive Vice President of Reed in charge of corporate development. Mr. Reed had been employed by Reed since 1970. Mr. Reed is a director of CareCentric, Inc., Atlanta, Georgia. Mr. Reed is the son of John E. Reed, Chairman of the Board and Chief Executive Officer of the Company. since 1986.
Age 75
Tenure 40 years
Phone413 568 9571
Webhttps://www.mestek.com

Stewart Reed Latest Insider Activity

Tracking and analyzing the buying and selling activities of Stewart Reed against Mestek pink sheet is an integral part of due diligence when investing in Mestek. Stewart Reed insider activity provides valuable insight into whether Mestek is net buyers or sellers over its current business cycle. Note, Mestek insiders must abide by specific rules, including filing SEC forms every time they buy or sell Mestek'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Mestek Management Efficiency

The company has return on total asset (ROA) of 0.0672 % which means that it generated a profit of $0.0672 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0906 %, meaning that it created $0.0906 on every $100 dollars invested by stockholders. Mestek's management efficiency ratios could be used to measure how well Mestek manages its routine affairs as well as how well it operates its assets and liabilities.
Mestek Inc currently holds 10.16 M in liabilities with Debt to Equity (D/E) ratio of 0.08, which may suggest the company is not taking enough advantage from borrowing. Mestek Inc has a current ratio of 2.55, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Mestek until it has trouble settling it off, either with new capital or with free cash flow. So, Mestek's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Mestek Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Mestek to invest in growth at high rates of return. When we think about Mestek's use of debt, we should always consider it together with cash and equity.
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. Mestek, Inc. was founded in 1898 and is based in Westfield, Massachusetts. MESTEK INC is traded on OTC Exchange in the United States. Mestek Inc [MCCK] is a Pink Sheet which is traded between brokers as part of OTC trading.

Management Performance

Mestek Inc Leadership Team

Elected by the shareholders, the Mestek's board of directors comprises two types of representatives: Mestek inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Mestek. The board's role is to monitor Mestek's management team and ensure that shareholders' interests are well served. Mestek's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Mestek's outside directors are responsible for providing unbiased perspectives on the board's policies.
Bruce Dewey, Pres and President of CareCentric Inc and CEO of CareCentric Inc
Stewart Reed, Vice Chairman, COO and Member of Executive Committee
William Rafferty, Executive VP
James Burk, VP
Nicholas Filler, Sr. VP of Corporate and Legal Affairs and Secretary
Stephen Shea, CFO, Principal Accounting Officer and Sr. VP of Fin.

Mestek Stock Performance Indicators

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Other Information on Investing in Mestek Pink Sheet

Mestek financial ratios help investors to determine whether Mestek Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Mestek with respect to the benefits of owning Mestek security.