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Watsco (NYSE:WSO.B) Shares Down 4.9% - Should You Sell?

Watsco logo with Construction background

Shares of Watsco Inc (NYSE:WSO.B - Get Free Report) dropped 4.9% during mid-day trading on Wednesday . The stock traded as low as $450.00 and last traded at $448.32. Approximately 112 shares were traded during trading, a decline of 81% from the average daily volume of 583 shares. The stock had previously closed at $471.49.

Watsco Trading Down 3.8%

The company's fifty day simple moving average is $479.78 and its 200 day simple moving average is $497.73. The stock has a market capitalization of $18.37 billion, a P/E ratio of 34.23 and a beta of 0.64.

Watsco Company Profile

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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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