Remy Cointreau (OTCMKTS:REMYY) Sees Unusually-High Trading Volume – What’s Next?

Remy Cointreau (OTCMKTS:REMYYGet Free Report) shares saw unusually-high trading volume on Thursday . Approximately 119,850 shares were traded during trading, an increase of 198% from the previous session’s volume of 40,196 shares.The stock last traded at $4.28 and had previously closed at $4.27.

Analyst Upgrades and Downgrades

REMYY has been the topic of a number of research reports. Morgan Stanley reaffirmed an “underweight” rating on shares of Remy Cointreau in a research note on Tuesday, August 12th. UBS Group downgraded Remy Cointreau from a “hold” rating to a “sell” rating in a report on Wednesday. The Goldman Sachs Group cut shares of Remy Cointreau to a “neutral” rating in a research note on Friday, October 31st. Citigroup restated a “buy” rating on shares of Remy Cointreau in a research note on Wednesday, September 3rd. Finally, Deutsche Bank Aktiengesellschaft restated a “sell” rating on shares of Remy Cointreau in a report on Friday, November 28th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, two have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold”.

Read Our Latest Report on REMYY

Remy Cointreau Stock Down 0.1%

The company has a debt-to-equity ratio of 0.29, a current ratio of 2.76 and a quick ratio of 0.32. The stock’s 50 day moving average price is $5.04 and its two-hundred day moving average price is $5.54.

About Remy Cointreau

(Get Free Report)

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.

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