Watsco (NYSE:WSO.B) Sees Large Volume Increase - Time to Buy?

Key Points

• Watsco, Inc. experienced a notable 96% increase in trading volume, with 100 shares traded compared to the previous session's 51 shares.
• The stock price fell to $404.58 from a previous close of $434.83, reflecting current market trends.
• Watsco has a market capitalization of $16.41 billion and a price-to-earnings ratio of 31.03, indicating its valuation in the market.

Watsco, Inc. (NYSE:WSO.B - ) shares saw an uptick in trading volume on Wednesday . 100 shares traded hands during trading, an increase of 96% from the previous session's volume of 51 shares.The stock last traded at $404.58 and had previously closed at $434.83.

Watsco Stock Performance

The company has a market cap of $16.41 billion, a price-to-earnings ratio of 31.03 and a beta of 0.50. The firm's 50-day moving average price is $428.88 and its 200 day moving average price is $459.69.

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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