Cott (TSE:PRM) Trading 1.9% Higher – Should You Buy?

Shares of Cott Corp. (TSE:PRM) traded up 1.9% during mid-day trading on Thursday . The company traded as high as C$11.16 and last traded at C$10.91. 1,373 shares traded hands during trading, a decline of 22% from the average session volume of 1,760 shares. The stock had previously closed at C$10.71.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the stock. Truist Financial upgraded shares of Cott to a “strong-buy” rating in a research report on Friday, April 4th. Barclays upgraded shares of Cott to a “strong-buy” rating in a research report on Wednesday, June 4th. Finally, Mizuho upgraded shares of Cott to a “strong-buy” rating in a research report on Monday, May 12th. One analyst has rated the stock with a hold rating and five have issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Strong Buy”.

Cott Price Performance

The firm has a market capitalization of C$12.63 million and a P/E ratio of 11.72. The stock’s 50 day moving average is C$11.44 and its two-hundred day moving average is C$12.43.

Cott Company Profile

The investment objectives for the Preferred shares are to provide their holders with fixed cumulative preferential quarterly cash distributions in the amount of $0.125 per Preferred share. Fund will invest in an initially equally-weighted portfolio comprised of Equity Securities of ten issuers, selected by the Portfolio Manager from the Investable Universe, that at the time of investment and immediately following each semi-annual reconstitution and rebalancing are listed on a North American exchange pay a dividend and have options in respect of its Equity Securities that, in the opinion of the Portfolio Manager, are sufficiently liquid to permit the Portfolio Manager to write options in respect of such securities.