Remy Cointreau (OTCMKTS:REMYY) Shares Gap Down – Time to Sell?

Remy Cointreau (OTCMKTS:REMYY)’s stock price gapped down prior to trading on Monday . The stock had previously closed at $5.38, but opened at $5.17. Remy Cointreau shares last traded at $5.1450, with a volume of 2,301 shares trading hands.

Analysts Set New Price Targets

REMYY has been the subject of several research reports. The Goldman Sachs Group downgraded Remy Cointreau to a “neutral” rating in a report on Friday, October 31st. Deutsche Bank Aktiengesellschaft reaffirmed a “sell” rating on shares of Remy Cointreau in a research report on Friday, November 28th. Finally, UBS Group downgraded shares of Remy Cointreau from a “hold” rating to a “sell” rating in a report on Wednesday, December 3rd. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, two have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, Remy Cointreau presently has a consensus rating of “Hold”.

Remy Cointreau Price Performance

The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.39 and a current ratio of 2.79. The company’s 50-day moving average is $4.67 and its two-hundred day moving average is $5.12.

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.