Remy Cointreau (OTCMKTS:REMYY) Sees Unusually-High Trading Volume – Time to Buy?

Remy Cointreau (OTCMKTS:REMYYGet Free Report) saw unusually-high trading volume on Thursday . Approximately 119,850 shares were traded during mid-day trading, an increase of 198% from the previous session’s volume of 40,196 shares.The stock last traded at $4.28 and had previously closed at $4.27.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on REMYY shares. UBS Group lowered Remy Cointreau from a “hold” rating to a “sell” rating in a research report on Wednesday. Deutsche Bank Aktiengesellschaft reissued a “sell” rating on shares of Remy Cointreau in a research report on Friday, November 28th. Citigroup reaffirmed a “buy” rating on shares of Remy Cointreau in a report on Wednesday, September 3rd. The Goldman Sachs Group cut shares of Remy Cointreau to a “neutral” rating in a report on Friday, October 31st. Finally, Morgan Stanley restated an “underweight” rating on shares of Remy Cointreau in a research report on Tuesday, August 12th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, two have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold”.

View Our Latest Research Report on REMYY

Remy Cointreau Stock Down 0.4%

The company’s 50-day moving average price is $5.08 and its 200 day moving average price is $5.56. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.32 and a current ratio of 2.76.

Remy Cointreau Company Profile

(Get Free Report)

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.

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