Metretek Technologies Catches the Big One
Metretek Technologies, a company that provides energy management products for electricity and natural gas distributors recieved it’s largest order ever today. Metretek’s subsidiary, PowerSecure annouced today that one of their current customers contracted them for a $75 million project that will last through 2006 and 2007. The announcement came before trading this morning and started their stock of at $19.00 compared to the previous days close of $14.15. By the end of the day MEK was trading at $19.62 or 38.66% higher than yesterday.