Watsco (NYSE:WSO.B) Sees Unusually-High Trading Volume – Time to Buy?

Shares of Watsco, Inc. (NYSE:WSO.BGet Free Report) saw unusually-strong trading volume on Wednesday . Approximately 502 shares changed hands during mid-day trading, an increase of 796% from the previous session’s volume of 56 shares.The stock last traded at $376.2950 and had previously closed at $376.19.

Watsco Trading Up 0.0%

The business has a fifty day moving average of $351.92 and a 200-day moving average of $392.53. The firm has a market cap of $15.26 billion, a PE ratio of 29.40 and a beta of 0.50.

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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