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Watsco (NYSE:WSO.B) Trading Down 5.3% - Here's Why

Watsco logo with Construction background

Watsco Inc (NYSE:WSO.B - Get Free Report)'s stock price dropped 5.3% during trading on Thursday . The stock traded as low as $471.03 and last traded at $449.09. Approximately 577 shares traded hands 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 Stock Performance

The stock has a market capitalization of $18.78 billion, a PE ratio of 34.98 and a beta of 0.64. The company's 50-day moving average price is $484.92 and its 200 day moving average price is $499.65.

Watsco Company Profile

(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.

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