Watsco Inc (NYSE:WSO.B – Get Free Report) shares saw unusually-strong trading volume on Thursday . Approximately 300 shares were traded during mid-day trading, an increase of 36% from the previous session’s volume of 220 shares.The stock last traded at $445.15 and had previously closed at $424.75.
Watsco Stock Performance
The stock has a 50-day simple moving average of $416.33 and a 200-day simple moving average of $398.85. The company has a market capitalization of $17.58 billion, a price-to-earnings ratio of 34.24 and a beta of 0.57. The company has a current ratio of 2.92, a quick ratio of 1.31 and a debt-to-equity ratio of 0.01.
Watsco (NYSE:WSO.B – Get Free Report) last announced its earnings results on Tuesday, February 13th. The construction company reported $2.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.42 by ($0.36). Watsco had a net margin of 7.03% and a return on equity of 19.26%. The business had revenue of $1.60 billion during the quarter.
Watsco Increases Dividend
About Watsco
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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