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Watsco (NYSE:WSO.B) Sees Strong Trading Volume - Here's Why

Watsco logo with Construction background

Key Points

  • Watsco, Inc. experienced a significant increase in trading volume, with around 460 shares traded on Wednesday, marking a 630% surge from the previous session's volume.
  • The stock is currently priced at $428.31, down from a prior close of $437.48, amidst a market capitalization of $17.73 billion.
  • Watsco specializes in the distribution of air conditioning, heating, and refrigeration equipment along with related supplies across multiple countries, including the U.S., Canada, and Mexico.
  • Want stock alerts on Watsco? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Shares of Watsco, Inc. (NYSE:WSO.B - Get Free Report) saw strong trading volume on Wednesday . 460 shares traded hands during mid-day trading, an increase of 630% from the previous session's volume of 63 shares.The stock last traded at $428.31 and had previously closed at $437.48.

Watsco Stock Performance

The company has a market capitalization of $17.16 billion, a P/E ratio of 32.45 and a beta of 0.49. The firm's fifty day moving average is $450.38 and its 200 day moving average is $474.48.

Watsco Company Profile

(Get Free Report)

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.

Further Reading

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