Watsco (NYSE:WSO.B) Shares Pass Below Two Hundred Day Moving Average – Should You Sell?

Watsco, Inc. (NYSE:WSO.BGet Free Report)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $442.79 and traded as low as $379.35. Watsco shares last traded at $363.15, with a volume of 400 shares trading hands.

Watsco Stock Performance

The stock’s 50 day moving average price is $403.81 and its 200 day moving average price is $442.79. The company has a market capitalization of $14.73 billion, a P/E ratio of 27.85 and a beta of 0.47.

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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