Watsco (NYSE:WSO.B) Stock Price Down 5.7% – Should You Sell?

Shares of Watsco Inc (NYSE:WSO.BGet Free Report) were down 5.7% during trading on Monday . The company traded as low as $450.00 and last traded at $444.51. Approximately 112 shares traded hands during mid-day 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 firm has a market cap of $17.84 billion, a price-to-earnings ratio of 33.24 and a beta of 0.64. The business’s 50 day moving average price is $474.43 and its 200-day moving average price is $493.48.

Watsco Company Profile

(Get Free Report)

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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