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

Watsco, Inc. (NYSE:WSO.BGet Free Report)’s stock price gapped down prior to trading on Tuesday . The stock had previously closed at $366.13, but opened at $351.50. Watsco shares last traded at $344.1960, with a volume of 10 shares trading hands.

Watsco Stock Performance

The stock’s 50 day moving average price is $368.90 and its 200 day moving average price is $415.30. The company has a market capitalization of $14.17 billion, a P/E ratio of 27.30 and a beta of 0.49.

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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