Remy Cointreau (OTCMKTS:REMYY) Shares Gap Down – Here’s What Happened

Remy Cointreau (OTCMKTS:REMYY) gapped down prior to trading on Wednesday . The stock had previously closed at $4.7650, but opened at $4.50. Remy Cointreau shares last traded at $4.50, with a volume of 567 shares traded.

Analyst Ratings Changes

Separately, Barclays reaffirmed an “underweight” rating on shares of Remy Cointreau in a research report on Thursday, April 9th. One research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat.com, Remy Cointreau currently has a consensus rating of “Reduce”.

Remy Cointreau Price Performance

The firm’s 50-day simple moving average is $4.44 and its 200-day simple moving average is $4.62. The company has a debt-to-equity ratio of 0.31, a current ratio of 2.79 and a quick ratio of 0.39.

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.