Remy Cointreau (OTCMKTS:REMYY) Stock Crosses Below 200 Day Moving Average – Should You Sell?

Remy Cointreau (OTCMKTS:REMYY)’s share price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $5.13 and traded as low as $5.0750. Remy Cointreau shares last traded at $5.1250, with a volume of 1,490 shares.

Analyst Upgrades and Downgrades

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

Remy Cointreau Stock Down 2.6%

The company has a quick ratio of 0.39, a current ratio of 2.79 and a debt-to-equity ratio of 0.31. The stock has a fifty day moving average of $4.63 and a 200-day moving average of $5.13.

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.