Watsco (NYSE:WSO.B) Stock Price Passes Above 50 Day Moving Average – Time to Sell?

Watsco Inc (NYSE:WSO.BGet Free Report) shares crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $503.76 and traded as high as $507.10. Watsco shares last traded at $506.31, with a volume of 5 shares traded.

Watsco Price Performance

The firm’s 50-day simple moving average is $503.76 and its 200 day simple moving average is $504.39. The firm has a market capitalization of $20.46 billion, a price-to-earnings ratio of 38.21 and a beta of 0.52.

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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