Remy Cointreau (OTCMKTS:REMYY) Trading 9.6% Higher – What’s Next?

Shares of Remy Cointreau (OTCMKTS:REMYY) traded up 9.6% on Wednesday . The company traded as high as $5.14 and last traded at $5.14. 4,885 shares traded hands during trading, a decline of 69% from the average session volume of 15,680 shares. The stock had previously closed at $4.69.

Analysts Set New Price Targets

A number of analysts have weighed in on REMYY shares. UBS Group cut Remy Cointreau from a “hold” rating to a “sell” rating in a research note on Wednesday, December 3rd. Deutsche Bank Aktiengesellschaft reaffirmed a “sell” rating on shares of Remy Cointreau in a research report on Friday, November 28th. Finally, The Goldman Sachs Group cut shares of Remy Cointreau to a “neutral” rating in a research report on Friday, October 31st. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, two have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold”.

Remy Cointreau Stock Performance

The company has a 50-day moving average of $4.44 and a 200-day moving average of $5.22. 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.