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

Shares of Remy Cointreau (OTCMKTS:REMYY) gapped up before the market opened on Monday . The stock had previously closed at $5.56, but opened at $6.02. Remy Cointreau shares last traded at $5.99, with a volume of 11,770 shares.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on REMYY shares. Barclays upgraded Remy Cointreau from a “strong sell” rating to a “hold” rating in a research report on Thursday, May 1st. Berenberg Bank upgraded Remy Cointreau to a “strong-buy” rating in a report on Wednesday, April 2nd.

Remy Cointreau Trading Up 5.2%

The business has a 50 day simple moving average of $5.40 and a 200 day simple moving average of $5.31. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.76 and a quick ratio of 0.32.

About Remy Cointreau

Rémy Cointreau SA, together with its subsidiaries, engages in the production, sale, and distribution of liqueurs and spirits. It operates through Rémy Martin, Liqueurs & Spirits, and Partner Brands segments. The company offers cognacs, liqueurs, single malt whiskies, gins, rums, brandies, wines, and champagnes primarily under the Cointreau, Metaxa, St-Rémy, Mount Gay, Bruichladdich, The Botanist, Westland, Le Domaine des Hautes Glaces, Belle de Brillet, Telmont, Port Charlotte, Octomore, Rémy Martin, and LOUIS XIII brands.