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Watsco (NYSE:WSO.B) Shares Pass Below 200 Day Moving Average - Here's Why

Watsco logo with Construction background

Watsco Inc (NYSE:WSO.B - Get Free Report) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $498.54 and traded as low as $450.00. Watsco shares last traded at $447.47, with a volume of 112 shares changing hands.

Watsco Trading Down 3.2%

The stock has a 50 day simple moving average of $478.77 and a 200 day simple moving average of $497.14. The firm has a market capitalization of $18.49 billion, a PE ratio of 34.44 and a beta of 0.64.

About Watsco

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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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