Navigate this market better. Subscribe for FREE stock alerts and information.

Friday, May 18, 2012

Potential Takeover Candidate? (NYSE: COT)

Shares of COT remained unchanged at $7.05. NYSE is trading at a price to book ratio of 1.17. This indicates that the shares are relatively cheap compared to book value which means the market is pricing in going concern value. The PEG is 1.47. The price to sales ratio came in at 0.29. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 346059 shares of COT exchange hands on a given day and today's volume is recorded at 263175. These factors combined may make this company a potential takeover candidate. Lookout for any takeover chatter or takeover news regarding this stock as one of the bigger players may have an eye on this one.

Cott Corporation (Cott) is a retailer brand beverage company.