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

Key Points

• Watsco's trading volume surged by 92% on Wednesday, with 100 shares changing hands compared to the previous day's 52 shares.
• The stock price decreased to $421.33 from a previous close of $434.83, with a market cap of $17.08 billion.
• Watsco, Inc. distributes air conditioning, heating, and refrigeration equipment across the United States, Canada, Mexico, and Puerto Rico.

Watsco, Inc. (NYSE:WSO.B - ) shares saw an uptick in trading volume on Wednesday . 100 shares changed hands during mid-day trading, an increase of 92% from the previous session's volume of 52 shares.The stock last traded at $421.33 and had previously closed at $434.83.

Watsco Stock Performance

The firm has a market cap of $17.08 billion, a P/E ratio of 32.31 and a beta of 0.50. The firm has a fifty day moving average of $422.50 and a 200-day moving average of $456.26.

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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