Shares of Watsco Inc (NYSE:WSO.B - Get Free Report) dropped 5.3% during mid-day trading on Thursday . The company traded as low as $471.03 and last traded at $449.09. Approximately 577 shares were traded during mid-day trading, a decline of 4% from the average daily volume of 600 shares. The stock had previously closed at $474.05.
Watsco Trading Down 4.6%
The firm's fifty day simple moving average is $484.92 and its 200 day simple moving average is $499.38. The company has a market cap of $18.23 billion, a price-to-earnings ratio of 33.96 and a beta of 0.64.
Watsco Company Profile
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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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