Remy Cointreau (OTCMKTS:REMYY) Shares Gap Up – Should You Buy?

Remy Cointreau (OTCMKTS:REMYY)’s share price gapped up before the market opened on Thursday . The stock had previously closed at $4.94, but opened at $5.14. Remy Cointreau shares last traded at $5.14, with a volume of 204 shares traded.

Wall Street Analyst Weigh In

REMYY has been the subject of a number of research reports. UBS Group raised shares of Remy Cointreau from a “sell” rating to a “neutral” rating in a report on Monday, June 8th. Barclays restated 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, two have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, Remy Cointreau presently has a consensus rating of “Reduce”.

Remy Cointreau Stock Performance

The stock’s 50 day moving average price is $4.81 and its two-hundred day moving average price is $4.67. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.34 and a current ratio of 3.16.

Remy Cointreau Company Profile

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.