Remy Cointreau (OTCMKTS:REMYY) Stock Price Down 3.6% – Should You Sell?

Remy Cointreau (OTCMKTS:REMYY) shares dropped 3.6% during mid-day trading on Monday . The stock traded as low as $4.52 and last traded at $4.52. Approximately 12,751 shares were traded during trading, a decline of 68% from the average daily volume of 39,436 shares. The stock had previously closed at $4.69.

Analyst Upgrades and Downgrades

REMYY has been the topic of a number of analyst reports. Morgan Stanley reissued an “underweight” rating on shares of Remy Cointreau in a report on Tuesday, August 12th. The Goldman Sachs Group downgraded Remy Cointreau to a “neutral” rating in a report on Friday, October 31st. Finally, Citigroup reissued a “buy” rating on shares of Remy Cointreau in a research report on Wednesday, September 3rd. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Remy Cointreau presently has an average rating of “Hold”.

Remy Cointreau Trading Down 3.1%

The company has a 50-day simple moving average of $5.24 and a 200 day simple moving average of $5.61. The company has a quick ratio of 0.32, a current ratio of 2.76 and a debt-to-equity ratio of 0.29.

Remy Cointreau Company Profile

Rémy Cointreau SA, together with its subsidiaries, engages in the production, sale, and distribution of liqueurs and spirits. It operates through Rémy Martin, Liqueurs & Spirits, and Partner Brands segments. The company offers cognacs, liqueurs, single malt whiskies, gins, rums, brandies, wines, and champagnes primarily under the Cointreau, Metaxa, St-Rémy, Mount Gay, Bruichladdich, The Botanist, Westland, Le Domaine des Hautes Glaces, Belle de Brillet, Telmont, Port Charlotte, Octomore, Rémy Martin, and LOUIS XIII brands.