Watsco (NYSE:WSO.B) Sees Strong Trading Volume – What’s Next?

Shares of Watsco, Inc. (NYSE:WSO.B – Get Free Report) saw an uptick in trading volume on Wednesday . 85 shares traded hands during mid-day trading, an increase of 118% from the previous session’s volume of 39 shares.The stock last traded at $354.3660 and had previously closed at $351.94.

Watsco Price Performance

The company’s 50 day moving average price is $358.20 and its 200 day moving average price is $407.93. The firm has a market capitalization of $14.30 billion, a P/E ratio of 27.54 and a beta of 0.49.

About Watsco

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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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