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

Remy Cointreau (OTCMKTS:REMYY) gapped up prior to trading on Thursday . The stock had previously closed at $4.3644, but opened at $4.76. Remy Cointreau shares last traded at $4.77, with a volume of 25,072 shares.

Wall Street Analysts Forecast Growth

Separately, Barclays reiterated an “underweight” rating on shares of Remy Cointreau in a report on Thursday, April 9th. One analyst has rated the stock with a Buy rating, one has assigned a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Reduce”.

Remy Cointreau Stock Up 8.8%

The company has a debt-to-equity ratio of 0.31, a current ratio of 2.79 and a quick ratio of 0.39. The stock has a 50-day moving average price of $4.54 and a two-hundred day moving average price of $4.56.

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.