Shares of Watsco Inc (NYSE:WSO.B – Get Free Report) saw unusually-high trading volume on Thursday . Approximately 300 shares were traded during mid-day trading, an increase of 36% from the previous session’s volume of 220 shares.The stock last traded at $445.15 and had previously closed at $424.75.
Watsco Stock Up 4.8 %
The company has a debt-to-equity ratio of 0.01, a current ratio of 2.92 and a quick ratio of 1.31. The stock has a market capitalization of $17.58 billion, a price-to-earnings ratio of 34.24 and a beta of 0.57. The firm’s fifty day moving average is $413.93 and its 200-day moving average is $398.09.
Watsco (NYSE:WSO.B – Get Free Report) last issued its quarterly earnings results on Tuesday, February 13th. The construction company reported $2.06 EPS for the quarter, missing the consensus estimate of $2.42 by ($0.36). The company had revenue of $1.60 billion for the quarter. Watsco had a return on equity of 19.26% and a net margin of 7.03%.
Watsco Increases Dividend
About Watsco
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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