Watsco Inc (NYSE:WSO) shares, rose in value on Friday, June 20, with the stock price down by -0.37% to the previous day’s close as strong demand from buyers drove the stock to $421.84.
Actively observing the price movement in the last trading, the stock closed the session at $423.41. The PE ratio was 32.39 over 12-month period. Referring to stock’s 52-week performance, its high was $571.41, and the low was $422.99. On the whole, WSO has fluctuated by -10.23% over the past month.
With the market capitalization of Watsco Inc currently standing at about $17.19 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Apr-23. The company’s Forward Dividend Ratio is 11.10, with its dividend yield at 2.63%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that WSO’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 3.79, with the price of WSO currently trading nearly -4.45% and -9.19% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 31.04, while the 7-day volatility ratio is showing 0.46% which for the 30-day chart, stands at 1.40%. Furthermore, Watsco Inc (WSO)’s beta value is 1.05, and its average true range (ATR) is 10.43.
A comparison of Watsco Inc (WSO) with its peers suggests the former has fared considerably weaker in the market. WSO showed an intraday change of -0.37% in last session, and over the past year, it shrunk by -13.29%%.
Data on historical trading for Watsco Inc (NYSE:WSO) indicates that the trading volumes over the past 3 months, they’ve averaged 295.53K. According to company’s latest data on outstanding shares, there are 40.51 million shares outstanding.
Nearly 14.24% of Watsco Inc’s shares belong to company insiders and institutional investors own 90.06% of the company’s shares. The stock has fallen by -10.98% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the WSO stock heading into the next quarter.
