Primo Water (NASDAQ:PRMW) Raised to Strong-Buy at StockNews.com

Primo Water (NASDAQ:PRMWGet Rating) was upgraded by investment analysts at StockNews.com from a “buy” rating to a “strong-buy” rating in a note issued to investors on Thursday.

Primo Water Trading Down 2.0 %

NASDAQ:PRMW traded down $0.31 during mid-day trading on Thursday, hitting $15.13. 588,991 shares of the company’s stock traded hands, compared to its average volume of 1,070,872. Primo Water has a twelve month low of $12.15 and a twelve month high of $18.01. The firm has a market capitalization of $2.42 billion, a P/E ratio of -79.63 and a beta of 1.11. The company has a debt-to-equity ratio of 0.98, a current ratio of 0.76 and a quick ratio of 0.60.

About Primo Water

(Get Rating)

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 water, filtration equipment, and coffee. The company offers its products under the Primo, Alhambra, Crystal Rock, Mountain Valley, Deep Rock, Hinckley Springs, Crystal Springs, Kentwood Springs, Mount Olympus, Pureflo, Nursery, Sierra Springs, Sparkletts, Clear Mountain Natural Spring Water, Earth2O, Renü, and Water Event Pure Water Solutions brands in the United States; Canadian Springs and Labrador Source brands in Canada; and Decantae, Eden, Eden Springs, Chateaud'eau, and Mey Eden brands in Europe and Israel.

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