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Watsco (NYSE:WSO.B) Sees Unusually-High Trading Volume - Here's What Happened

Watsco logo with Construction background

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.
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Watsco, Inc. (NYSE:WSO.B - Get Free Report) saw strong trading volume on Wednesday . 460 shares changed hands 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 Trading Down 5.2%

The firm's 50 day simple moving average is $452.69 and its 200 day simple moving average is $476.54. The firm has a market cap of $16.80 billion, a PE ratio of 31.81 and a beta of 0.49.

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.

Further Reading

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