Watsco (NYSE:WSO.B) Hits New 1-Year Low – What’s Next?

Shares of Watsco, Inc. (NYSE:WSO.BGet Free Report) reached a new 52-week low during mid-day trading on Monday . The company traded as low as $351.50 and last traded at $347.46, with a volume of 9 shares. The stock had previously closed at $366.13.

Watsco Trading Down 5.4%

The company has a 50 day simple moving average of $373.15 and a 200-day simple moving average of $418.25. The stock has a market cap of $14.04 billion, a price-to-earnings ratio of 27.05 and a beta of 0.47.

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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