Watsco (NYSE:WSO.B) Reaches New 52-Week Low - What's Next?

Key Points

• Watsco, Inc. shares hit a new 52-week low of $425.50 during midday trading, closing at $424.41.
• The stock has declined by 3.7% recently and has a market capitalization of $17.09 billion.
• Watsco is a distributor of heating, cooling, and refrigeration equipment across the United States, Canada, Mexico, and Puerto Rico.

Watsco, Inc. (NYSE:WSO.B - )'s share price reached a new 52-week low during mid-day trading on Monday . The stock traded as low as $425.50 and last traded at $424.41, with a volume of 460 shares changing hands. The stock had previously closed at $437.48.

Watsco Stock Down 3.7%

The stock has a market cap of $17.09 billion, a P/E ratio of 32.32 and a beta of 0.49. The stock has a fifty day simple moving average of $450.38 and a 200-day simple moving average of $474.48.

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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