Remy Cointreau (OTCMKTS:REMYY) Shares Gap Up – Should You Buy?

Remy Cointreau (OTCMKTS:REMYY) shares gapped up prior to trading on Thursday . The stock had previously closed at $4.69, but opened at $5.06. Remy Cointreau shares last traded at $5.0250, with a volume of 11,996 shares trading hands.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on REMYY shares. The Goldman Sachs Group downgraded Remy Cointreau to a “neutral” rating in a report on Friday, October 31st. Deutsche Bank Aktiengesellschaft reissued a “sell” rating on shares of Remy Cointreau in a research report on Friday, November 28th. Finally, UBS Group cut shares of Remy Cointreau from a “hold” rating to a “sell” rating in a report on Wednesday, December 3rd. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, two have given a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Remy Cointreau Trading Down 2.0%

The company has a 50 day moving average of $4.45 and a 200-day moving average of $5.22. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.39 and a current ratio of 2.79.

About Remy Cointreau

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.