Free Trial

Watsco (NYSE:WSO.B) Sees Strong Trading Volume - Time to Buy?

Watsco logo with Construction background

Key Points

  • Watsco, Inc. experienced a significant trading volume increase of 471%, with approximately 177 shares traded on Wednesday, compared to just 31 shares the previous session.
  • The stock is currently valued at $412.75, having declined 8.8% from its previous close of $437.48.
  • Watsco has a market capitalization of $16.19 billion and a price-to-earnings ratio of 30.61, indicating its valuation relative to earnings.
  • Five stocks to consider instead of Watsco.

Watsco, Inc. (NYSE:WSO.B - Get Free Report) shares saw strong trading volume on Wednesday . 177 shares traded hands during trading, an increase of 471% from the previous session's volume of 31 shares.The stock last traded at $412.75 and had previously closed at $437.48.

Watsco Stock Performance

The business has a fifty day moving average of $438.31 and a two-hundred day moving average of $464.28. The firm has a market capitalization of $15.90 billion, a price-to-earnings ratio of 30.08 and a beta of 0.50.

About Watsco

(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.

See Also

Should You Invest $1,000 in Watsco Right Now?

Before you consider Watsco, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Watsco wasn't on the list.

While Watsco currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Options Trading Made Easy - Download Now Cover

Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.

Get This Free Report
Like this article? Share it with a colleague.