Watsco (NYSE:WSO.B) Reaches New 52-Week Low - Here's Why

Key Points

• Watsco, Inc. shares reached a new 52-week low of $424.25 during trading, indicating a significant drop from a previous close of $437.48.
• The company's market capitalization is approximately $16.80 billion, with a P/E ratio of 32.22 and a beta of 0.49.
• Watsco specializes in distributing air conditioning, heating, and refrigeration equipment across the United States, Canada, Mexico, and Puerto Rico.

Shares of Watsco, Inc. (NYSE:WSO.B - ) reached a new 52-week low during trading on Monday . The company traded as low as $425.50 and last traded at $424.25, with a volume of 460 shares. The stock had previously closed at $437.48.

Watsco Price Performance

The firm has a market capitalization of $16.80 billion, a P/E ratio of 32.22 and a beta of 0.49. The firm's fifty day moving average price is $452.69 and its 200-day moving average price is $476.54.

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.

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