Watsco, Inc. (NYSE:WSO.B – Get Free Report)’s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $380.64 and traded as low as $367.54. Watsco shares last traded at $382.7360, with a volume of 7 shares trading hands.
Watsco Stock Up 3.6%
The stock’s 50-day simple moving average is $398.60 and its two-hundred day simple moving average is $380.40. The company has a market capitalization of $15.45 billion, a price-to-earnings ratio of 31.46 and a beta of 0.52.
About Watsco
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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