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

Shares of Watsco, Inc. (NYSE:WSO.BGet Free Report) saw strong trading volume on Thursday . 100 shares changed hands during mid-day trading, an increase of 178% from the previous session’s volume of 36 shares.The stock last traded at $358.4150 and had previously closed at $350.75.

Watsco Stock Up 2.2%

The firm has a market cap of $14.54 billion, a price-to-earnings ratio of 28.00 and a beta of 0.49. The stock’s 50 day moving average is $363.60 and its 200 day moving average is $411.16.

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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