Watsco (NYSE:WSO.B) Sets New 1-Year Low - What's Next?

Key Points

• Watsco's stock has hit a new 52-week low, trading as low as $402.56 and last at $391.45, representing a decline of 10.5% from its previous close of $434.83.
• The company has a market capitalization of $15.78 billion and a PE ratio of 29.84, indicating its financial performance metrics amid the stock decline.
• Watsco, Inc. distributes air conditioning, heating, and refrigeration equipment across the U.S., Canada, Mexico, and Puerto Rico, offering a range of residential and commercial systems.

Watsco, Inc. (NYSE:WSO.B - )'s share price reached a new 52-week low during trading on Monday . The stock traded as low as $402.56 and last traded at $391.45, with a volume of 100 shares. The stock had previously closed at $434.83.

Watsco Stock Down 10.5%

The firm has a 50-day moving average of $438.31 and a two-hundred day moving average of $464.02. The company has a market capitalization of $15.78 billion, a PE ratio of 29.84 and a beta of 0.50.

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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