Cott Stock Falls On Unusually High Volume (COT)
NEW YORK (
) --
(NYSE:
) is trading at unusually high volume Friday with 1.5 million shares changing hands. It is currently at four times its average daily volume and trading down 24 cents (-3.5%) at $6.58 as of 12:19 p.m. ET.
Cott has a market cap of $620.1 million and is part of the
sector and
industry. Shares are up 8.9% year to date as of the close of trading on Thursday.
Cott Corporation engages in the production and distribution of retailer brand beverages in North America and internationally. It offers carbonated soft drinks, flavored waters, energy-related drinks, juice, juice-based products, bottled water, and ready-to-drink teas. The company has a P/E ratio of 10, equal to the average food & beverage industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Cott as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including poor profit margins, weak operating cash flow and a generally disappointing performance in the stock itself. You can view the full
.
See all heavy volume stocks in our
stocks moving on unusual volume list
or get investment ideas from our
.
Interested in other stocks that are falling on unusually high volume? Get free SMS text alerts sent to you when the action happens by texting
HVDOWN
to 95370 or select from
.
null
