Watsco Inc (NYSE:WSO.B - Get Free Report) shares dropped 5% on Tuesday . The stock traded as low as $450.00 and last traded at $447.85. Approximately 112 shares changed hands during mid-day trading, a decline of 81% from the average daily volume of 583 shares. The stock had previously closed at $471.49.
Watsco Stock Down 5.0%
The business has a 50-day moving average price of $476.63 and a two-hundred day moving average price of $495.82. The company has a market capitalization of $18.14 billion, a price-to-earnings ratio of 33.80 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.
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