Watsco, Inc. (NYSE:WSO.B – Get Free Report)’s stock price gapped up before the market opened on Wednesday. The stock had previously closed at $312.46, but opened at $328.67. Watsco shares last traded at $328.6410, with a volume of 248 shares changing hands.
Watsco Price Performance
The company has a 50-day simple moving average of $325.40 and a two-hundred day simple moving average of $373.44. The stock has a market capitalization of $13.25 billion, a price-to-earnings ratio of 27.86 and a beta of 0.66.
About Watsco
Watsco, Inc is a distributor of heating, air conditioning and refrigeration equipment and related products. The company supplies residential and commercial contractors with air conditioners, heat pumps, furnaces, air handlers, water heaters, ductwork, thermostats, controls, tools, parts and other replacement and installation products.
Founded in 1956, Watsco has expanded through organic growth and acquisitions to become one of the largest HVAC/R distribution platforms in North America.
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