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Watsco (NYSE:WSO.B) Trading Down 5.5% - Should You Sell?

Watsco logo with Construction background
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Key Points

  • Shares fell 5.5% mid-day, trading as low as $453.37 and last around $425.40 on extremely light volume (43 shares, down ~70% from the average session volume of 145).
  • The stock has a market cap of $17.10 billion, a P/E of 34.96 and a beta of 0.67, and is trading above its 50‑day ($402.70) and 200‑day ($379.83) moving averages.
  • Watsco is a leading distributor of HVACR equipment, parts and services across the U.S., Canada, Mexico and select Latin American markets.
  • MarketBeat previews the top five stocks to own by June 1st.

Watsco, Inc. (NYSE:WSO.B - Get Free Report) fell 5.5% during mid-day trading on Tuesday . The stock traded as low as $453.37 and last traded at $425.3960. 43 shares were traded during mid-day trading, a decline of 70% from the average session volume of 145 shares. The stock had previously closed at $450.00.

Watsco Stock Performance

The stock has a market cap of $17.10 billion, a P/E ratio of 34.96 and a beta of 0.67. The company's 50 day moving average price is $402.70 and its 200-day moving average price is $379.83.

Watsco Company Profile

(Get Free Report)

Watsco, Inc is a leading distributor of heating, ventilation, air conditioning and refrigeration (HVACR) equipment, replacement parts and related services. Headquartered in Miami, Florida, the company serves a broad network of professional contractors across the United States, Canada, Mexico, Puerto Rico and select markets in Central and South America. Through its national footprint, Watsco offers an extensive portfolio of heating and cooling systems from top manufacturers alongside comprehensive aftermarket parts that support installation, maintenance and repair.

The company's core business activities include the wholesale distribution of residential and commercial HVAC equipment, parts and supplies.

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