Watsco (NYSE:WSO.B) Shares Pass Below 200-Day Moving Average – Here’s Why

Watsco, Inc. (NYSE:WSO.BGet Free Report)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $472.64 and traded as low as $425.50. Watsco shares last traded at $422.45, with a volume of 460 shares traded.

Watsco Trading Down 3.4%

The business has a 50 day moving average of $448.17 and a 200-day moving average of $472.64. The stock has a market cap of $17.13 billion, a PE ratio of 32.40 and a beta of 0.49.

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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