Remy Cointreau (OTCMKTS:REMYY) Stock Price Passes Above 50-Day Moving Average – Here’s What Happened

Shares of Remy Cointreau (OTCMKTS:REMYY) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $4.50 and traded as high as $4.72. Remy Cointreau shares last traded at $4.69, with a volume of 20,260 shares.

Analyst Ratings Changes

Separately, Barclays reissued an “underweight” rating on shares of Remy Cointreau in a report on Thursday, April 9th. One equities research 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. According to MarketBeat, Remy Cointreau presently has a consensus rating of “Reduce”.

Remy Cointreau Price Performance

The company has a quick ratio of 0.39, a current ratio of 2.79 and a debt-to-equity ratio of 0.31. The company has a fifty day moving average price of $4.50 and a two-hundred day moving average price of $4.57.

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.