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Watsco (NYSE:WSO.B) Trading Down 6.1% - Here's What Happened

Watsco logo with Construction background

Shares of Watsco, Inc. (NYSE:WSO.B - Get Free Report) were down 6.1% on Tuesday . The stock traded as low as $450.00 and last traded at $442.60. Approximately 112 shares traded hands during mid-day trading, a decline of 81% from the average daily volume of 583 shares. The stock had previously closed at $471.49.

Watsco Stock Performance

The stock has a market cap of $17.60 billion, a P/E ratio of 33.39 and a beta of 0.61. The business has a 50 day simple moving average of $465.13 and a 200-day simple moving average of $488.96.

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.

Further Reading

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