Watsco (NYSE:WSO.B) Shares Gap Up - What's Next?

Key Points

• Watsco, Inc. shares gapped up significantly, opening at $455.29 after closing at $437.48, and last traded at $496.10.
• The company has a market capitalization of $19.85 billion and a PE ratio of 37.66, indicating strong growth potential.
• Watsco specializes in distributing air conditioning, heating, and refrigeration equipment across North America, catering to both residential and commercial markets.

Watsco, Inc. (NYSE:WSO.B - ) shares gapped up prior to trading on Monday . The stock had previously closed at $437.48, but opened at $455.29. Watsco shares last traded at $496.10, with a volume of 116 shares.

Watsco Trading Up 12.0%

The firm has a market capitalization of $19.85 billion, a PE ratio of 37.66 and a beta of 0.59. The business has a fifty day moving average price of $458.64 and a two-hundred day moving average price of $479.81.

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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