Remy Cointreau (OTCMKTS:REMYY) Hits New 1-Year Low – Here’s Why

Shares of Remy Cointreau (OTCMKTS:REMYY) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $4.1250 and last traded at $4.18, with a volume of 35479 shares. The stock had previously closed at $4.2650.

Analyst Ratings Changes

Several equities analysts have recently commented on the company. UBS Group downgraded Remy Cointreau from a “hold” rating to a “sell” rating in a research report on Wednesday, December 3rd. Deutsche Bank Aktiengesellschaft reissued a “sell” rating on shares of Remy Cointreau in a research note on Friday, November 28th. Morgan Stanley restated an “underweight” rating on shares of Remy Cointreau in a research note on Tuesday, August 12th. Citigroup reaffirmed a “buy” rating on shares of Remy Cointreau in a report on Wednesday, September 3rd. Finally, The Goldman Sachs Group downgraded shares of Remy Cointreau to a “neutral” rating in a report on Friday, October 31st. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, two have given a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Remy Cointreau presently has a consensus rating of “Hold”.

Remy Cointreau Price Performance

The firm has a fifty day simple moving average of $5.02 and a two-hundred day simple moving average of $5.53. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.32 and a current ratio of 2.76.

About Remy Cointreau

Rémy Cointreau SA, together with its subsidiaries, engages in the production, sale, and distribution of liqueurs and spirits. It operates through Rémy Martin, Liqueurs & Spirits, and Partner Brands segments. The company offers cognacs, liqueurs, single malt whiskies, gins, rums, brandies, wines, and champagnes primarily under the Cointreau, Metaxa, St-Rémy, Mount Gay, Bruichladdich, The Botanist, Westland, Le Domaine des Hautes Glaces, Belle de Brillet, Telmont, Port Charlotte, Octomore, Rémy Martin, and LOUIS XIII brands.