Primo Water (TSE:PRMW) Trading Up 5.8% – Here’s Why

Primo Water Co. (TSE:PRMWGet Free Report)’s share price rose 5.8% during mid-day trading on Tuesday . The stock traded as high as C$37.43 and last traded at C$37.40. Approximately 310,478 shares changed hands during mid-day trading, an increase of 59% from the average daily volume of 195,103 shares. The stock had previously closed at C$35.36.

Primo Water Stock Performance

The firm’s 50-day simple moving average is C$34.76 and its two-hundred day simple moving average is C$31.39. The company has a current ratio of 2.18, a quick ratio of 0.53 and a debt-to-equity ratio of 97.97. The stock has a market capitalization of C$6.00 billion, a PE ratio of 54.20, a PEG ratio of 2.00 and a beta of 1.19.

Primo Water Company Profile

(Get Free Report)

Primo Water Corporation provides pure-play water solutions for residential and commercial customers. It offers bottled water, water dispensers, purified bottled water, self-service refill drinking water, premium spring, mineral water, sparkling and flavored essence water, filtration units, and coffee.

Further Reading

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