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

Key Points

• Watsco, Inc. shares experienced a gap down in trading, opening at $425.50 compared to the previous close of $437.48.
• The company's market capitalization stands at $17.40 billion, with a P/E ratio of 32.94 and a beta of 0.49.
• Watsco, Inc. 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 - ) gapped down prior to trading on Tuesday . The stock had previously closed at $437.48, but opened at $425.50. Watsco shares last traded at $426.59, with a volume of 460 shares trading hands.

Watsco Stock Down 1.8%

The company has a market capitalization of $17.40 billion, a P/E ratio of 32.94 and a beta of 0.49. The business has a 50 day simple moving average of $452.06 and a 200-day simple moving average of $476.02.

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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