Watsco (NYSE:WSO.B) Sees Strong Trading Volume - What's Next?

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.

Watsco, Inc. (NYSE:WSO.B - ) 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 firm has a 50 day simple moving average of $449.91 and a 200-day simple moving average of $474.10. The company has a market cap of $17.59 billion, a price-to-earnings ratio of 33.27 and a beta of 0.49.

Watsco Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.