Remy Cointreau (OTCMKTS:REMYY) Given Average Recommendation of “Reduce” by Brokerages

Remy Cointreau (OTCMKTS:REMYY) has been assigned a consensus recommendation of “Reduce” from the six research firms that are presently covering the company, MarketBeat reports. Three equities research analysts have rated the stock with a sell rating, two have given a hold rating and one has assigned a buy rating to the company.

Several analysts have recently issued reports on the stock. Barclays reissued an “underweight” rating on shares of Remy Cointreau in a research report on Thursday, April 9th. UBS Group raised shares of Remy Cointreau from a “sell” rating to a “neutral” rating in a research report on Monday, June 8th.

Remy Cointreau Stock Performance

OTCMKTS REMYY opened at $4.89 on Wednesday. The firm’s 50-day moving average is $4.77 and its two-hundred day moving average is $4.62. Remy Cointreau has a 12 month low of $3.98 and a 12 month high of $7.23. 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

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.