Watsco (NYSE:WSO.B) Sets New 52-Week Low – Should You Sell?

Watsco, Inc. (NYSE:WSO.B – Get Free Report)’s share price reached a new 52-week low on Monday. The stock traded as low as $285.84 and last traded at $324.7250, with a volume of 296 shares changing hands. The stock had previously closed at $287.50.

Watsco Trading Up 12.9%

The company has a market cap of $13.39 billion, a PE ratio of 28.16 and a beta of 0.67. The firm has a 50 day moving average of $307.72 and a two-hundred day moving average of $361.83.

Watsco Company Profile

(Get Free Report)

Watsco, Inc is a distributor of heating, air-conditioning and refrigeration equipment and related products. The company supplies residential and commercial contractors with air conditioners, furnaces, heat pumps, air handlers, water heaters, refrigeration systems, controls, replacement parts and installation supplies.

Watsco sells products from leading manufacturers, including equipment associated with the Carrier family of brands, through a network of distribution locations and sales channels.

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