Watsco (NYSE:WSO.B) Shares Down 11.4% - What's Next?

Key Points

• Watsco, Inc. shares plummeted by 11.4%, trading between $402.56 and $385.12 during Thursday's mid-day trading session.
• The company's market capitalization stands at $15.62 billion with a PE ratio of 29.53 and a beta of 0.47.
• Watsco specializes in the distribution of air conditioning, heating, and refrigeration equipment across the United States, Canada, Mexico, and Puerto Rico.

Shares of Watsco, Inc. (NYSE:WSO.B - ) were down 11.4% during mid-day trading on Thursday . The company traded as low as $402.56 and last traded at $385.12. Approximately 100 shares traded hands during trading, an increase of 488% from the average daily volume of 17 shares. The stock had previously closed at $434.83.

Watsco Stock Down 11.4%

The firm has a market cap of $15.62 billion, a PE ratio of 29.53 and a beta of 0.47. The firm has a 50-day moving average price of $411.12 and a two-hundred day moving average price of $448.62.

Watsco Company Profile

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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