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Watsco (NYSE:WSO.B) Shares Gap Up - Here's What Happened

Watsco logo with Construction background

Watsco, Inc. (NYSE:WSO.B - Get Free Report)'s stock price gapped up prior to trading on Wednesday . The stock had previously closed at $437.48, but opened at $455.29. Watsco shares last traded at $469.49, with a volume of 116 shares trading hands.

Watsco Trading Up 7.3%

The firm has a market capitalization of $19.02 billion, a P/E ratio of 36.09 and a beta of 0.59. The firm has a 50 day moving average price of $459.08 and a 200-day moving average price of $481.51.

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.

Further Reading

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