Watsco (NYSE:WSO.B) Sets New 52-Week High – Here’s Why

Watsco Inc (NYSE:WSO.BGet Free Report) shares hit a new 52-week high during mid-day trading on Friday . The company traded as high as $535.00 and last traded at $535.00, with a volume of 200 shares traded. The stock had previously closed at $519.70.

Watsco Stock Performance

The company has a 50 day moving average of $521.38 and a 200 day moving average of $491.54. The firm has a market cap of $21.60 billion, a price-to-earnings ratio of 41.34 and a beta of 0.58.

Watsco Company Profile

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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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