Remy Cointreau (OTCMKTS:REMYY) Sees Strong Trading Volume – Should You Buy?

Shares of Remy Cointreau (OTCMKTS:REMYY) saw unusually-strong trading volume on Wednesday . Approximately 8,800 shares were traded during trading, a decline of 37% from the previous session’s volume of 13,912 shares.The stock last traded at $4.59 and had previously closed at $4.65.

Analyst Ratings Changes

Separately, Barclays reissued 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, one has assigned a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Reduce”.

Remy Cointreau Trading Up 0.9%

The company has a quick ratio of 0.39, a current ratio of 2.79 and a debt-to-equity ratio of 0.31. The stock’s fifty day moving average price is $4.45 and its 200-day moving average price is $4.58.

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.