Watsco (NYSE:WSO.B) Reaches New 52-Week Low – Should You Sell?

Watsco, Inc. (NYSE:WSO.BGet Free Report)’s stock price reached a new 52-week low on Thursday . The stock traded as low as $338.85 and last traded at $338.85, with a volume of 139 shares. The stock had previously closed at $356.95.

Watsco Stock Performance

The firm has a fifty day moving average price of $349.52 and a 200 day moving average price of $399.43. The company has a market cap of $14.10 billion, a price-to-earnings ratio of 27.16 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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