Watsco (NYSE:WSO.B) Stock Price Down 5.7% – Should You Sell?

Watsco, Inc. (NYSE:WSO.BGet Free Report) fell 5.7% on Monday . The stock traded as low as $450.00 and last traded at $444.51. 112 shares traded hands during mid-day trading, a decline of 81% from the average session volume of 583 shares. The stock had previously closed at $471.49.

Watsco Stock Performance

The stock has a market capitalization of $17.68 billion, a price-to-earnings ratio of 33.55 and a beta of 0.61. The company has a fifty day simple moving average of $472.12 and a two-hundred day simple moving average of $492.43.

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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