Cott Corporation COT was a big mover last session, as the company saw its shares rise over 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company as the stock is now down 13.8% since Jun 9.
The company has seen a mixed track record when it comes to estimate revisions of one increase and one decrease over the past one month, while the Zacks Consensus Estimate moved lower over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.
Cott currently carries a Zacks Rank #3 (Hold), while its Earnings ESP is negative.
A better-ranked stock in the same industry is Primo Water Corporation PRMW, sporting a Zacks Rank #1 (Strong Buy).
Is COT going up? Or down? Predict to see what others think: Up or Down
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