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Watsco (NYSE:WSO.B) Shares Pass Below 200 Day Moving Average - What's Next?

Watsco logo with Construction background

Key Points

  • Watsco, Inc. shares have fallen below their 200-day moving average of $472.64, currently trading at $422.45.
  • The stock is down 3.4% for the day, with a market capitalization of $17.13 billion and a PE ratio of 32.40.
  • Watsco specializes in distributing air conditioning, heating, and refrigeration equipment across the United States, Canada, Mexico, and Puerto Rico.
  • Want stock alerts on Watsco? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Watsco, Inc. (NYSE:WSO.B - Get Free Report) shares passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $472.64 and traded as low as $425.50. Watsco shares last traded at $422.45, with a volume of 460 shares.

Watsco Price Performance

The company's fifty day simple moving average is $447.66 and its two-hundred day simple moving average is $472.27. The stock has a market cap of $16.84 billion, a price-to-earnings ratio of 31.84 and a beta of 0.49.

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.

See Also

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