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Watsco (NYSE:WSO.B) Shares Down 5.7% - Here's What Happened

Watsco logo with Construction background

Watsco, Inc. (NYSE:WSO.B - Get Free Report) was down 5.7% on Monday . The stock traded as low as $450.00 and last traded at $444.51. Approximately 112 shares traded hands during trading, a decline of 81% from the average daily volume of 583 shares. The stock had previously closed at $471.49.

Watsco Stock Performance

The stock has a fifty day moving average of $469.56 and a 200-day moving average of $491.37. The company has a market cap of $17.68 billion, a PE ratio of 33.55 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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