Remy Cointreau (OTCMKTS:REMYY) Stock Price Up 10.6% – Time to Buy?

Remy Cointreau (OTCMKTS:REMYY)’s stock price traded up 10.6% during mid-day trading on Friday . The stock traded as high as $4.83 and last traded at $4.7770. 5,310 shares changed hands during trading, a decline of 83% from the average session volume of 31,120 shares. The stock had previously closed at $4.32.

Analyst Ratings Changes

REMYY has been the topic of a number of research reports. Deutsche Bank Aktiengesellschaft restated a “sell” rating on shares of Remy Cointreau in a research report on Friday, November 28th. The Goldman Sachs Group downgraded Remy Cointreau to a “neutral” rating in a research note on Friday, October 31st. Finally, UBS Group downgraded shares of Remy Cointreau from a “hold” rating to a “sell” rating in a research report on Wednesday, December 3rd. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, two have assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Remy Cointreau Price Performance

The company has a current ratio of 2.79, a quick ratio of 0.39 and a debt-to-equity ratio of 0.31. The firm’s fifty day simple moving average is $4.48 and its 200-day simple moving average is $5.35.

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.