Primo Water Co. (TSE:PRMW – Get Rating) fell 2.1% during trading on Friday . The company traded as low as C$16.39 and last traded at C$16.42. 54,785 shares changed hands during mid-day trading, a decline of 37% from the average session volume of 87,422 shares. The stock had previously closed at C$16.78.
Wall Street Analysts Forecast Growth
Separately, Jefferies Financial Group restated a “buy” rating and set a C$19.00 price target on shares of Primo Water in a report on Wednesday, June 22nd.
Primo Water Price Performance
The company has a debt-to-equity ratio of 132.37, a current ratio of 0.72 and a quick ratio of 0.53.
About Primo Water
Primo Water Corporation provides water direct to consumers and water filtration services in North America and Europe. It offers bottled water, purified bottled water, premium spring, sparkling and flavored water, mineral water, filtration equipment, and coffee; as well as water dispensers, and self-service refill drinking water.
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