Watsco (NYSE:WSO.B) Reaches New 52-Week Low – Here’s Why

Watsco, Inc. (NYSE:WSO.B – Get Free Report)’s share price reached a new 52-week low during mid-day trading on Monday. The company traded as low as $285.84 and last traded at $285.6450, with a volume of 287 shares traded. The stock had previously closed at $326.71.

Watsco Trading Up 2.4%

The company has a market cap of $12.14 billion, a price-to-earnings ratio of 25.70 and a beta of 0.67. The firm’s 50-day moving average price is $310.91 and its 200 day moving average price is $365.40.

Watsco Company Profile

(Get Free Report)

Watsco, Inc is a distributor of heating, ventilation, air conditioning and refrigeration (HVAC/R) equipment and related products. The company supplies residential and commercial air-conditioning systems, heating equipment, refrigeration products, replacement parts, supplies, controls and other accessories used by contractors, dealers and other customers.

Watsco distributes products from leading HVAC/R manufacturers, including equipment used in new construction, replacement and repair applications.

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