Watsco Inc (NYSE:WSO.B – Get Free Report) shares dropped 6.5% on Monday . The company traded as low as $507.10 and last traded at $471.06. Approximately 100 shares changed hands during mid-day trading, a decline of 83% from the average daily volume of 591 shares. The stock had previously closed at $503.71.
Watsco Stock Performance
The firm has a market cap of $18.98 billion, a PE ratio of 35.45 and a beta of 0.52. The company’s 50-day simple moving average is $496.37 and its two-hundred day simple moving average is $503.65.
Watsco Company Profile
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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