Watsco (NYSE:WSO.B) Shares Gap Up – Still a Buy?

Watsco, Inc. (NYSE:WSO.BGet Free Report)’s share 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.

Watsco Stock Performance

The stock has a market cap of $13.54 billion, a PE ratio of 28.52 and a beta of 0.66. The business has a 50 day moving average price of $328.19 and a two-hundred day moving average price of $374.78.

About Watsco

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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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