Watsco, Inc. (NYSE:WSO.B – Get Free Report)’s stock price crossed above its fifty day moving average during trading on Thursday. The stock has a fifty day moving average of $306.62 and traded as high as $313.24. Watsco shares last traded at $312.37, with a volume of 158 shares traded.
Watsco Stock Performance
The firm has a market capitalization of $12.89 billion, a P/E ratio of 27.59 and a beta of 0.64. The firm’s 50-day moving average is $306.62 and its 200 day moving average is $367.88.
Watsco (NYSE:WSO.B – Get Free Report) last announced its earnings results on Tuesday, October 27th. The construction company reported $3.77 earnings per share for the quarter. The firm had revenue of $2.22 billion during the quarter. Watsco had a net margin of 6.31% and a return on equity of 13.97%.
Watsco Company Profile
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, furnaces, heat pumps, air handlers, water heaters, refrigeration systems, controls, replacement parts and installation supplies.
Watsco sells products from leading manufacturers, including equipment associated with the Carrier family of brands, through a network of distribution locations and sales channels.
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