Watsco (NYSE:WSO.B) Shares Gap Down – Time to Sell?

Shares of Watsco, Inc. (NYSE:WSO.BGet Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $366.13, but opened at $351.50. Watsco shares last traded at $337.6450, with a volume of 9 shares.

Watsco Price Performance

The company has a market capitalization of $13.74 billion, a price-to-earnings ratio of 26.46 and a beta of 0.47. The firm has a fifty day simple moving average of $377.79 and a 200 day simple moving average of $422.01.

Watsco Company Profile

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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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