Remy Cointreau (OTCMKTS:REMYY) Hits New 12-Month Low – Here’s What Happened

Remy Cointreau (OTCMKTS:REMYY)’s stock price hit a new 52-week low on Wednesday . The company traded as low as $4.20 and last traded at $4.27, with a volume of 146173 shares traded. The stock had previously closed at $4.4170.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the stock. Citigroup restated a “buy” rating on shares of Remy Cointreau in a report on Wednesday, September 3rd. Morgan Stanley reiterated an “underweight” rating on shares of Remy Cointreau in a research note on Tuesday, August 12th. UBS Group lowered shares of Remy Cointreau to a “sell” rating in a research note on Wednesday. The Goldman Sachs Group cut shares of Remy Cointreau to a “neutral” rating in a report on Friday, October 31st. Finally, Deutsche Bank Aktiengesellschaft reiterated a “sell” rating on shares of Remy Cointreau in a research note on Friday. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, two have assigned a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold”.

Remy Cointreau Stock Performance

The firm has a fifty day moving average of $5.10 and a 200-day moving average of $5.57. The company has a current ratio of 2.76, a quick ratio of 0.32 and a debt-to-equity ratio of 0.29.

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.