Watsco (NYSE:WSO.B) Sees Strong Trading Volume – Should You Buy?

Shares of Watsco, Inc. (NYSE:WSO.BGet Free Report) saw an uptick in trading volume on Tuesday . 102 shares were traded during trading, an increase of 176% from the previous session’s volume of 37 shares.The stock last traded at $375.1910 and had previously closed at $373.52.

Watsco Price Performance

The company has a market cap of $15.17 billion, a price-to-earnings ratio of 29.23 and a beta of 0.50. The business’s fifty day moving average price is $349.25 and its 200 day moving average price is $395.79.

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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