Watsco, Inc. (NYSE:WSO.B – Get Free Report)’s stock price gapped up prior to trading on Tuesday . The stock had previously closed at $350.00, but opened at $385.00. Watsco shares last traded at $398.16, with a volume of 46 shares changing hands.
Watsco Trading Up 14.0%
The firm’s 50-day moving average price is $404.22 and its two-hundred day moving average price is $394.23. The stock has a market cap of $16.22 billion, a PE ratio of 33.10 and a beta of 0.65.
About Watsco
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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