Watsco, Inc. (NYSE:WSO.B – Get Free Report) hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $317.63 and last traded at $318.9050, with a volume of 189 shares traded. The stock had previously closed at $363.47.
Watsco Stock Down 12.3%
The business has a 50-day moving average price of $387.76 and a 200-day moving average price of $397.73. The company has a market capitalization of $12.97 billion, a price-to-earnings ratio of 26.47 and a beta of 0.65.
About Watsco
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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