Remy Cointreau (OTCMKTS:REMYY) Shares Climb 9.2% – Here’s Why

Remy Cointreau (OTCMKTS:REMYY – Get Free Report)’s share price shot up 9.2% during trading on Wednesday. The company traded as high as $5.25 and last traded at $5.23. 700 shares traded hands during trading, a decline of 94% from the average session volume of 11,810 shares. The stock had previously closed at $4.79.

Remy Cointreau Stock Up 3.6%

The business has a fifty day moving average of $5.05 and a 200 day moving average of $4.90. The company has a quick ratio of 0.34, a current ratio of 3.16 and a debt-to-equity ratio of 0.35.

About Remy Cointreau

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Rémy Cointreau is a France-based spirits group that develops, produces and distributes premium and luxury alcoholic beverages. Its portfolio is centered on cognac, liqueurs, rum, whisky, champagne and other specialty spirits, with products marketed through a combination of owned brands and international distribution networks.

The company’s best-known brands include Rémy Martin cognac, including the Louis XIII luxury cognac, and Cointreau orange liqueur. Its broader portfolio includes Mount Gay rum, Bruichladdich, The Botanist and Port Charlotte whiskies and gin, Metaxa Greek spirits, St-Rémy brandy, Telmont champagne, and Domaine des Hautes Glaces whisky.

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