Watsco (NYSE:WSO.B) Sees Unusually-High Trading Volume - Time to Buy?
Watsco, Inc. (NYSE:WSO.B) experienced a significant increase in trading volume, with 100 shares traded, a 92% rise from the previous session. The stock is currently priced at $421.33, down from a previous close of $434.83. Watsco has a market cap of $17.08 billion and a P/E ratio of 32.31. Analysts currently rate the stock as a Hold, suggesting that there may be better investment opportunities available.
Watsco, Inc. (NYSE:WSO.B - Get Free Report) shares saw an uptick in trading volume on Wednesday . 100 shares changed hands during mid-day trading, an increase of 92% from the previous session's volume of 52 shares.The stock last traded at $421.33 and had previously closed at $434.83.
Watsco Stock Performance
The firm has a market cap of $17.08 billion, a P/E ratio of 32.31 and a beta of 0.50. The firm has a fifty day moving average of $422.50 and a 200-day moving average of $456.26.
About Watsco
(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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