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Watsco (NYSE:WSO.B) Shares Cross Above 50-Day Moving Average - Here's What Happened

Watsco logo with Construction background

Watsco Inc (NYSE:WSO.B - Get Free Report)'s stock price passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $503.76 and traded as high as $507.10. Watsco shares last traded at $506.31, with a volume of 5 shares traded.

Watsco Stock Performance

The company has a market capitalization of $18.55 billion, a PE ratio of 34.64 and a beta of 0.52. The stock's 50 day moving average is $502.42 and its 200 day moving average is $503.70.

Watsco Company Profile

(Get Free Report)

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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