Remy Cointreau (OTCMKTS:REMYY) Shares Gap Down – Should You Sell?

Shares of Remy Cointreau (OTCMKTS:REMYY – Get Free Report) gapped down prior to trading on Tuesday. The stock had previously closed at $5.72, but opened at $5.48. Remy Cointreau shares last traded at $5.48, with a volume of 212 shares traded.

Analyst Ratings Changes

Separately, Sanford C. Bernstein downgraded Remy Cointreau to a “market perform” rating in a report on Tuesday. Three research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Reduce”.

Read Our Latest Research Report on Remy Cointreau

Remy Cointreau Price Performance

The stock has a 50-day moving average of $5.11 and a 200 day moving average of $4.87. 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

(Get Free Report)

Rémy Cointreau is a France-based international spirits group that produces, markets and distributes premium and luxury alcoholic beverages. Its portfolio is organized around cognac, liqueurs, rum, whisky, gin, champagne and related spirits, with products sold through a combination of distributors, retailers, hospitality venues and e-commerce channels.

The company’s best-known brands include Rémy Martin and Louis XIII cognacs, Cointreau orange liqueur, Mount Gay rum, The Botanist gin, Bruichladdich and Westland whiskies, Metaxa Greek spirits, St-Rémy brandy and Telmont champagne.

Further Reading

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