Watsco (NYSE:WSO.B) Reaches New 1-Year Low – Time to Sell?

Shares of Watsco, Inc. (NYSE:WSO.B – Get Free Report) reached a new 52-week low during mid-day trading on Monday. The stock traded as low as $285.84 and last traded at $285.6450, with a volume of 287 shares changing hands. The stock had previously closed at $326.71.

Watsco Stock Down 8.2%

The company has a market cap of $11.78 billion, a price-to-earnings ratio of 24.76 and a beta of 0.67. The business has a 50-day simple moving average of $312.59 and a two-hundred day simple moving average of $366.53.

About Watsco

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Watsco, Inc is a distributor of heating, ventilation, air conditioning and refrigeration (HVAC/R) equipment and related products. The company supplies residential and commercial air-conditioning systems, heating equipment, refrigeration products, replacement parts, supplies, controls and other accessories used by contractors, dealers and other customers.

Watsco distributes products from leading HVAC/R manufacturers, including equipment used in new construction, replacement and repair applications.

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