Watsco (NYSE:WSO.B) Hits New 52-Week Low – Time to Sell?
by Amy Steele · The Cerbat GemWatsco, Inc. (NYSE:WSO.B – Get Free Report)’s share price reached a new 52-week low during mid-day trading on Monday . The stock traded as low as $351.50 and last traded at $347.46, with a volume of 9 shares traded. The stock had previously closed at $366.13.
Watsco Trading Down 5.4%
The company has a market capitalization of $14.04 billion, a P/E ratio of 27.05 and a beta of 0.47. The business has a 50 day moving average price of $373.15 and a 200 day moving average price of $418.25.
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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