Watsco (NYSE:WSO.B) Hits New 52-Week Low - Time to Sell?

Key Points

• Watsco, Inc. shares have hit a new 52-week low at $399.94, down 7.5% from a previous close of $434.83.
• The company's market cap is $16.32 billion, with a price-to-earnings ratio of 30.86 and a beta of 0.50, indicating lower volatility compared to the market.
• Watsco specializes in distributing air conditioning, heating, and refrigeration equipment throughout the U.S., Canada, Mexico, and Puerto Rico.

Watsco, Inc. (NYSE:WSO.B - Get Free Report)'s stock price hit a new 52-week low during mid-day trading on Monday . The company traded as low as $402.56 and last traded at $399.94, with a volume of 100 shares. The stock had previously closed at $434.83.

Watsco Price Performance

The company has a market cap of $16.23 billion, a P/E ratio of 30.70 and a beta of 0.50. The stock has a 50-day moving average of $430.27 and a 200 day moving average of $460.07.

Watsco Company Profile

Watsco, Inc, together with its subsidiaries, distributes air conditioning, heating, and refrigeration equipment; and related parts and supplies in the United States, Canada, Mexico, and Puerto Rico. It offers residential ducted and ductless air conditioners; gas, electric, and oil furnaces; commercial air conditioning and heating equipment systems; and other specialized equipment.