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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 460 shares traded, marking a 680% increase from the previous session's 59 shares.
  • The stock's latest trading price was $433.09, down from its previous close of $437.48, indicating volatility in the stock's price performance.
  • Watsco has a market capitalization of $17.59 billion and operates in the distribution of air conditioning, heating, and refrigeration equipment across North America.
  • MarketBeat previews the top five stocks to own by October 1st.

Watsco, Inc. (NYSE:WSO.B - Get Free Report) shares saw strong trading volume on Tuesday . 460 shares were traded during trading, an increase of 680% from the previous session's volume of 59 shares.The stock last traded at $433.09 and had previously closed at $437.48.

Watsco Price Performance

The stock has a market capitalization of $17.13 billion, a price-to-earnings ratio of 32.40 and a beta of 0.49. The business's 50-day simple moving average is $448.17 and its two-hundred day simple moving average is $472.64.

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.

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