NEW YORK ( TheStreet) -- Cott Corporation (NYSE: COT) is trading at unusually high volume Friday with 2.8 million shares changing hands. It is currently at 4.1 times its average daily volume and trading up 17 cents (+2%) at $8.50 as of 3:01 p.m. ET.

Cott has a market cap of $786.4 million and is part of the consumer goods sector and food & beverage industry. Shares are down 7.5% year to date as of the close of trading on Thursday.

Cott Corporation, a non-alcoholic beverage company, engages in the production, packaging, and distribution of retailer brand and branded bottled and canned soft drinks in North America and internationally. The company has a P/E ratio of 12.6, above the average food & beverage industry P/E ratio of 12.4 and below the S&P 500 P/E ratio of 22.6.

TheStreet Ratings rates Cott as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, generally poor debt management and disappointing return on equity. You can view the full Cott Ratings Report.

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