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Watsco (NYSE:WSO.B) Reaches New 1-Year Low - Should You Sell?

Watsco logo with Construction background

Key Points

  • Watsco, Inc. (NYSE:WSO.B) shares hit a new 12-month low during trading, reaching $425.50 before closing at $418.55.
  • The company has a market capitalization of $16.97 billion and a price-to-earnings ratio of 32.10.
  • Watsco distributes air conditioning, heating, and refrigeration equipment across North America, including the U.S., Canada, Mexico, and Puerto Rico.
  • Interested in Watsco? Here are five stocks we like better.

Watsco, Inc. (NYSE:WSO.B - Get Free Report) shares reached a new 52-week low during mid-day trading on Monday . The company traded as low as $425.50 and last traded at $418.55, with a volume of 460 shares trading hands. The stock had previously closed at $437.48.

Watsco Stock Down 9.8%

The business has a 50-day simple moving average of $438.31 and a two-hundred day simple moving average of $464.56. The stock has a market capitalization of $15.90 billion, a P/E ratio of 30.08 and a beta of 0.50.

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.

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