Watsco (NYSE:WSO.B) Shares Cross Below Two Hundred Day Moving Average – Here’s What Happened

Watsco Inc (NYSE:WSO.BGet Free Report) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $502.97 and traded as low as $447.21. Watsco shares last traded at $458.66, with a volume of 939 shares trading hands.

Watsco Stock Performance

The company’s fifty day simple moving average is $496.93 and its two-hundred day simple moving average is $502.48. The stock has a market capitalization of $18.90 billion, a PE ratio of 35.30 and a beta of 0.52.

Watsco Company Profile

(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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