Watsco (NYSE:WSO.B) Shares Gap Down - Here's What Happened
Watsco, Inc. (NYSE:WSO.B) experienced a significant stock price drop, opening at $351.50 from a previous close of $366.13, and last trading at $337.6450, marking a 7.5% decrease. The company, with a market cap of $13.74 billion, distributes HVAC equipment across North America. Despite a Hold rating, analysts suggest other stocks as better investments.
Watsco Trading Down 7.5%
The firm has a market cap of $13.74 billion, a PE ratio of 26.46 and a beta of 0.47. The company has a 50-day simple moving average of $377.79 and a 200 day simple moving average of $422.01.
Watsco Company Profile
(Get Free Report)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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