Remy Cointreau (OTCMKTS:REMYY) Shares Gap Up – Here’s What Happened
by Scott Moore · The Cerbat GemRemy Cointreau (OTCMKTS:REMYY – Get Free Report) shares gapped up prior to trading on Thursday . The stock had previously closed at $4.32, but opened at $4.61. Remy Cointreau shares last traded at $4.71, with a volume of 53,831 shares changing hands.
Analyst Ratings Changes
Several analysts recently issued reports on the stock. Deutsche Bank Aktiengesellschaft restated a “sell” rating on shares of Remy Cointreau in a report on Friday, November 28th. UBS Group cut Remy Cointreau from a “hold” rating to a “sell” rating in a research note on Wednesday, December 3rd. Finally, The Goldman Sachs Group lowered Remy Cointreau to a “neutral” rating in a research note on Friday, October 31st. 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 three have given a Sell rating to the company’s stock. According to MarketBeat.com, Remy Cointreau currently has a consensus rating of “Hold”.
View Our Latest Stock Report on Remy Cointreau
Remy Cointreau Stock Performance
The stock has a fifty day simple moving average of $4.49 and a two-hundred day simple moving average of $5.36. The company has a debt-to-equity ratio of 0.31, a current ratio of 2.79 and a quick ratio of 0.39.
Remy Cointreau Company Profile
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.