Large Outflow of Money Witnessed in Watsco

Watsco (WSO) : Mondays money flow analysis of Watsco (WSO) indicates the selling of stock on the strength of price. The investors sold the stock on every rise as seen in the downtick transactions of $6.12 million. In comparison, the inflow of money on upticks was a meager $3.01 million. The dollar value of composite uptick trades minus the downtick trades was negative $3.11 million. The uptick to downtick ratio of 0.49 in the money flow shows weakness. The downtick transaction value was high at $3.27 million, which denotes distribution on strength.. Hence, the net money flow in the stock was negative ($3.27 million). Watsco (WSO) gained $0.13 at $139.03, a change of 0.09% over the previous days close.


Watsco Inc. is up 3.67% in the last 3-month period. Year-to-Date the stock performance stands at 21.04%. Watsco Inc. has dropped 1.99% in the last five trading days, however, the shares have posted positive gains of 4.16% in the last 4 weeks. In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Watsco Inc, Darnell David C. had sold 3,000 shares worth of $364,980 in a transaction dated December 9, 2015. In this transaction, 3,000 shares were sold at $121.66 per share.

Watsco (NYSE:WSO): stock turned positive on Monday. Though the stock opened at $138.96, the bulls momentum made the stock top out at $139.57 level for the day. The stock recorded a low of $138.37 and closed the trading day at $138.98, in the green by 0.06%. The total traded volume for the day was 130,954. The stock had closed at $138.9 in the previous days trading.

Watsco, Inc. (Watsco) is a distributor of air conditioning, heating and refrigeration equipment and related parts and supplies (HVAC/R). The Company operates in the HVAC/R distribution industry in North America. It has market coverage on an export basis to Latin America and the Caribbean, through which it serves more than 50,000 contractors and dealers that service the replacement and new construction markets. Watsco sells a line of products: equipment, including residential central air conditioners, component parts, and supplies, including thermostats, insulation material, refrigerants, ductwork, grills, registers, sheet metal, tools, copper tubing, concrete pads, tape, adhesives and other ancillary supplies, electric and oil furnaces, among others. It also sells products to the refrigeration market, which include condensing units, compressors, evaporators and valves, among others.

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