Cott (TSE:PRM) Trading Up 0.3% – Still a Buy?

Shares of Cott Corp. (TSE:PRMGet Free Report) traded up 0.3% during trading on Thursday . The stock traded as high as C$14.66 and last traded at C$14.44. Approximately 2,600 shares changed hands during mid-day trading, an increase of 15% from the average session volume of 2,258 shares. The stock had previously closed at C$14.39.

Cott Price Performance

The stock’s 50 day simple moving average is C$14.81 and its two-hundred day simple moving average is C$14.23. The stock has a market cap of C$18.96 million, a price-to-earnings ratio of 2.66 and a beta of -0.34.

About Cott

(Get Free Report)

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.

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