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

Key Points

• Watsco, Inc. experienced an unusual trading spike with approximately 460 shares traded, marking a 680% increase from the previous session's volume of 59 shares.
• The company's stock is currently priced at $426.29, having previously closed at $437.48, amidst a market capitalization of $17.12 billion.
• Watsco is a distributor of air conditioning, heating, and refrigeration equipment across the United States, Canada, Mexico, and Puerto Rico.

Watsco, Inc. (NYSE:WSO.B - ) saw unusually-strong trading volume on Wednesday . Approximately 460 shares were traded during mid-day trading, an increase of 680% from the previous session's volume of 59 shares.The stock last traded at $426.29 and had previously closed at $437.48.

Watsco Price Performance

The firm has a market capitalization of $17.12 billion, a PE ratio of 32.41 and a beta of 0.49. The business's 50-day moving average price is $455.05 and its 200-day moving average price is $478.39.

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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