Watsco (NYSE:WSO.B) Shares Gap Down – Should You Sell?

Watsco Inc (NYSE:WSO.BGet Free Report)’s share price gapped down prior to trading on Thursday . The stock had previously closed at $471.49, but opened at $450.00. Watsco shares last traded at $453.15, with a volume of 112 shares.

Watsco Stock Down 3.2%

The firm has a market cap of $18.49 billion, a PE ratio of 34.44 and a beta of 0.64. The company’s 50 day moving average price is $478.77 and its two-hundred day moving average price is $497.30.

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.

Further Reading

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