Shares of Watsco, Inc. (NYSE:WSO.B – Get Free Report) passed above its 50 day moving average during trading on Thursday. The stock has a 50 day moving average of $306.62 and traded as high as $313.24. Watsco shares last traded at $312.37, with a volume of 158 shares changing hands.
Watsco Trading Up 3.0%
The stock has a market capitalization of $12.89 billion, a price-to-earnings ratio of 27.59 and a beta of 0.64. The company has a fifty day moving average of $306.62 and a two-hundred day moving average of $367.88.
Watsco (NYSE:WSO.B – Get Free Report) last issued its quarterly earnings results on Tuesday, October 27th. The construction company reported $3.77 EPS for the quarter. Watsco had a return on equity of 13.97% and a net margin of 6.31%. The company had revenue of $2.22 billion during the quarter.
About Watsco
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, furnaces, heat pumps, air handlers, water heaters, refrigeration systems, controls, replacement parts and installation supplies.
Watsco sells products from leading manufacturers, including equipment associated with the Carrier family of brands, through a network of distribution locations and sales channels.
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