Watsco (NYSE:WSO.B) Reaches New 12-Month Low - Time to Sell?

Key Points

• Watsco, Inc. reached a new 52-week low of $407.99, having traded as low as $425.50, with a significant volume of 460 shares changing hands.
• The company's market capitalization stands at $16.52 billion, and it has a price-to-earnings ratio of 31.23.
• Watsco distributes air conditioning, heating, and refrigeration equipment across the United States, Canada, Mexico, and Puerto Rico.

Watsco, Inc. (NYSE:WSO.B - ) reached a new 52-week low on Tuesday . The company traded as low as $425.50 and last traded at $407.99, with a volume of 460 shares trading hands. The stock had previously closed at $437.48.

Watsco Price Performance

The business's 50-day moving average price is $445.58 and its two-hundred day moving average price is $470.27. The company has a market capitalization of $16.52 billion, a price-to-earnings ratio of 31.23 and a beta of 0.50.

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.

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