Watsco (NYSE:WSO.B) Sees Strong Trading Volume – Time to Buy?

Watsco, Inc. (NYSE:WSO.BGet Free Report) saw strong trading volume on Tuesday . 324 shares changed hands during mid-day trading, an increase of 710% from the previous session’s volume of 40 shares.The stock last traded at $359.8350 and had previously closed at $379.35.

Watsco Stock Performance

The business has a 50 day moving average price of $396.86 and a two-hundred day moving average price of $435.44. The stock has a market cap of $14.81 billion, a PE ratio of 28.53 and a beta of 0.47.

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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