Remy Cointreau (OTCMKTS:REMYY) Shares Gap Up – Time to Buy?

Remy Cointreau (OTCMKTS:REMYY)’s share price gapped up prior to trading on Tuesday . The stock had previously closed at $4.90, but opened at $5.18. Remy Cointreau shares last traded at $5.15, with a volume of 2,884 shares changing hands.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the stock. UBS Group raised shares of Remy Cointreau from a “sell” rating to a “neutral” rating in a research note on Monday, June 8th. Barclays reiterated an “underweight” rating on shares of Remy Cointreau in a research note on Thursday, April 9th. One analyst has rated the stock with a Buy rating, two have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Reduce”.

Remy Cointreau Stock Down 3.0%

The firm has a 50 day moving average of $4.79 and a two-hundred day moving average of $4.65. The company has a quick ratio of 0.34, a current ratio of 3.16 and a debt-to-equity ratio of 0.35.

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.