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Watsco (NYSE:WSO.B) Shares Gap Down - Here's Why

Watsco logo with Construction background

Watsco Inc (NYSE:WSO.B - Get Free Report) gapped down before the market opened on Friday . The stock had previously closed at $471.49, but opened at $450.00. Watsco shares last traded at $449.68, with a volume of 112 shares trading hands.

Watsco Price Performance

The stock has a market cap of $18.78 billion, a P/E ratio of 34.98 and a beta of 0.64. The company has a fifty day moving average of $484.92 and a 200 day moving average of $499.52.

About Watsco

(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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