Watsco, Inc. (NYSE:WSO.B – Get Free Report) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $376.67 and traded as low as $312.46. Watsco shares last traded at $307.3550, with a volume of 570 shares changing hands.
Watsco Price Performance
The company’s 50-day simple moving average is $331.31 and its 200-day simple moving average is $376.18. The stock has a market capitalization of $12.68 billion, a price-to-earnings ratio of 26.66 and a beta of 0.66.
Watsco Company Profile
Watsco, Inc is a distributor of heating, air conditioning and refrigeration equipment and related products. The company supplies residential and commercial contractors with air conditioners, heat pumps, furnaces, air handlers, water heaters, ductwork, thermostats, controls, tools, parts and other replacement and installation products.
Founded in 1956, Watsco has expanded through organic growth and acquisitions to become one of the largest HVAC/R distribution platforms in North America.
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