Watsco (NYSE:WSO.B) Sees Large Volume Increase – Here’s What Happened

Shares of Watsco Inc (NYSE:WSO.BGet Free Report) saw unusually-strong trading volume on Friday . Approximately 939 shares traded hands during trading, an increase of 54% from the previous session’s volume of 611 shares.The stock last traded at $473.56 and had previously closed at $503.71.

Watsco Stock Performance

The company has a market cap of $19.25 billion, a P/E ratio of 35.96 and a beta of 0.52. The firm’s 50-day simple moving average is $496.44 and its 200 day simple moving average is $502.40.

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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