Primo Water Corporation PRMW was a big mover last session, as its shares rose almost 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $11.24 to $13.41 in the past one-month time frame.
Over the last 30 days, the company witnessed one negative estimate revision while the Zacks Consensus Estimate remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Primo Water currently sports a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.
Another favorably-ranked stock in the beverages-soft space is DAVIDsTEA Inc. DTEA, which carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
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