Remy Cointreau (OTCMKTS:REMYY) Shares Gap Up – Here’s What Happened

Shares of Remy Cointreau (OTCMKTS:REMYY) gapped up prior to trading on Friday . The stock had previously closed at $4.4925, but opened at $4.69. Remy Cointreau shares last traded at $4.64, with a volume of 2,181 shares changing hands.

Wall Street Analyst Weigh In

Separately, Barclays restated an “underweight” rating on shares of Remy Cointreau in a research report on Thursday, April 9th. One equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Reduce”.

Remy Cointreau Trading Up 0.9%

The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.39 and a current ratio of 2.79. The business has a 50 day moving average of $4.44 and a 200 day moving average of $4.60.

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.