Remy Cointreau (OTCMKTS:REMYY – Get Free Report) saw a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 4,050 shares, a drop of 61.7% from the May 31st total of 10,570 shares. Based on an average trading volume of 70,013 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are short sold.
Remy Cointreau Price Performance
Shares of REMYY stock traded up $0.01 on Tuesday, reaching $4.89. The company’s stock had a trading volume of 13,451 shares, compared to its average volume of 15,874. The stock’s fifty day simple moving average is $4.77 and its 200-day simple moving average is $4.62. Remy Cointreau has a 1 year low of $3.98 and a 1 year high of $7.23. The company has a current ratio of 3.16, a quick ratio of 0.34 and a debt-to-equity ratio of 0.35.
Wall Street Analysts Forecast Growth
A number of analysts have recently issued reports on REMYY shares. Barclays reissued an “underweight” rating on shares of Remy Cointreau in a research note on Thursday, April 9th. UBS Group upgraded Remy Cointreau from a “sell” rating to a “neutral” rating in a research report on Monday, June 8th. One equities research analyst has rated the stock with a Buy rating, two have issued a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Remy Cointreau currently has an average rating of “Reduce”.
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.
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