Cott (TSE:PRM) Stock Price Down 3.7% – Here’s Why

Shares of Cott Corp. (TSE:PRM) traded down 3.7% on Friday . The stock traded as low as C$13.85 and last traded at C$13.85. 205 shares changed hands during trading, a decline of 88% from the average session volume of 1,673 shares. The stock had previously closed at C$14.38.

Cott Stock Down 3.7%

The company has a 50 day moving average of C$14.48 and a two-hundred day moving average of C$13.65. The firm has a market cap of C$15.66 million, a P/E ratio of -7.10 and a beta of -0.34.

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.