Remy Cointreau (OTCMKTS:REMYY) Shares Gap Down – What’s Next?

Remy Cointreau (OTCMKTS:REMYY – Get Free Report) shares gapped down prior to trading on Thursday . The stock had previously closed at $5.09, but opened at $4.80. Remy Cointreau shares last traded at $4.80, with a volume of 502 shares.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on REMYY. UBS Group upgraded shares of Remy Cointreau from a “sell” rating to a “neutral” rating in a report on Monday, June 8th. Barclays restated an “underweight” rating on shares of Remy Cointreau in a research note on Thursday, April 9th. One investment analyst has rated the stock with a Buy rating, two have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, Remy Cointreau currently has an average rating of “Reduce”.

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Remy Cointreau Stock Performance

The stock’s fifty day moving average price is $4.80 and its 200 day moving average price is $4.66. The company has a current ratio of 3.16, a quick ratio of 0.34 and a debt-to-equity ratio of 0.35.

About Remy Cointreau

(Get Free Report)

Rémy Cointreau is a French spirits group specializing in the production and distribution of premium and super-premium alcoholic beverages. The company’s core activities center on cognacs, liqueurs, single malt Scotch whiskies and innovative craft spirits. Through its integrated production network and dedicated cellar masters, Rémy Cointreau maintains rigorous quality standards from distillation and aging to bottling and distribution.

The group’s flagship brands include Rémy Martin and Louis XIII cognacs, recognized worldwide for their heritage and craftsmanship, as well as Cointreau, a leading triple-sec liqueur.

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