Watsco (NYSE:WSO.B) Shares Down 6.1% – Here’s What Happened

Watsco, Inc. (NYSE:WSO.BGet Free Report)’s stock price dropped 6.1% during trading on Tuesday . The stock traded as low as $450.00 and last traded at $442.60. Approximately 112 shares were traded during trading, a decline of 81% from the average daily volume of 583 shares. The stock had previously closed at $471.49.

Watsco Trading Down 6.3%

The stock’s 50 day moving average is $466.63 and its 200-day moving average is $489.34. The company has a market cap of $17.90 billion, a P/E ratio of 33.96 and a beta of 0.61.

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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