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

Key Points

• Watsco, Inc. shares fell to a new 52-week low, trading at $389.38 after closing at $434.83.
• The company's stock has decreased by 10.1%, with a market capitalization of $15.85 billion and a PE ratio of 29.98.
• Watsco is a major distributor of air conditioning, heating, and refrigeration equipment across the U.S., Canada, Mexico, and Puerto Rico.

Shares of Watsco, Inc. (NYSE:WSO.B - ) reached a new 52-week low on Monday . The company traded as low as $402.56 and last traded at $389.38, with a volume of 100 shares. The stock had previously closed at $434.83.

Watsco Stock Down 10.1%

The business's 50 day simple moving average is $409.69 and its 200 day simple moving average is $446.13. The company has a market capitalization of $15.85 billion, a PE ratio of 29.98 and a beta of 0.47.

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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