Watsco (NYSE:WSO.B) Hits New 52-Week Low – What’s Next?

Watsco, Inc. (NYSE:WSO.BGet Free Report)’s share price reached a new 52-week low during trading on Monday . The company traded as low as $425.50 and last traded at $417.92, with a volume of 460 shares. The stock had previously closed at $437.48.

Watsco Price Performance

The company has a market cap of $16.83 billion, a price-to-earnings ratio of 31.83 and a beta of 0.49. The business has a 50 day simple moving average of $448.17 and a 200 day simple moving average of $472.61.

About Watsco

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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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