Watsco (NYSE:WSO.B) Shares Gap Up – Still a Buy?

Watsco, Inc. (NYSE:WSO.BGet Free Report)’s stock price gapped up prior to trading on Monday . The stock had previously closed at $338.85, but opened at $372.59. Watsco shares last traded at $383.5440, with a volume of 44 shares traded.

Watsco Stock Performance

The firm has a fifty day simple moving average of $348.97 and a 200-day simple moving average of $396.23. The company has a market capitalization of $15.28 billion, a PE ratio of 29.43 and a beta of 0.50.

About Watsco

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Watsco, Inc is a leading distributor of heating, ventilation, air conditioning and refrigeration (HVACR) equipment, replacement parts and related services. Headquartered in Miami, Florida, the company serves a broad network of professional contractors across the United States, Canada, Mexico, Puerto Rico and select markets in Central and South America. Through its national footprint, Watsco offers an extensive portfolio of heating and cooling systems from top manufacturers alongside comprehensive aftermarket parts that support installation, maintenance and repair.

The company’s core business activities include the wholesale distribution of residential and commercial HVAC equipment, parts and supplies.

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