Watsco (NYSE:WSO.B) Trading Down 4.6% – Here’s What Happened

Watsco, Inc. (NYSE:WSO.BGet Free Report)’s share price dropped 4.6% on Wednesday . The company traded as low as $351.50 and last traded at $349.1110. Approximately 9 shares were traded during trading, a decline of 98% from the average daily volume of 448 shares. The stock had previously closed at $366.13.

Watsco Stock Down 5.1%

The company has a market cap of $14.09 billion, a PE ratio of 27.15 and a beta of 0.47. The company’s fifty day moving average is $374.20 and its 200-day moving average is $420.10.

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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