Watsco (NYSE:WSO.B) Reaches New 12-Month Low - Here's Why

Key Points

• Watsco, Inc. shares reached a new 52-week low at $379.00, down from a previous close of $434.83, with a trading volume of just 100 shares.
• The company's stock is trading 12.4% lower and has a market cap of $15.45 billion, alongside a price-to-earnings ratio of 29.17.
• Watsco specializes in the distribution of air conditioning, heating, and refrigeration equipment across the United States, Canada, Mexico, and Puerto Rico.

Watsco, Inc. (NYSE:WSO.B - ) shares reached a new 52-week low on Monday . The stock traded as low as $402.56 and last traded at $379.00, with a volume of 100 shares traded. The stock had previously closed at $434.83.

Watsco Trading Down 12.4%

The firm's 50-day moving average is $413.74 and its two-hundred day moving average is $450.50. The stock has a market cap of $15.45 billion, a price-to-earnings ratio of 29.17 and a beta of 0.47.

About Watsco

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.