Remy Cointreau (OTCMKTS:REMYY) Shares Gap Down – What’s Next?

Shares of Remy Cointreau (OTCMKTS:REMYY) gapped down prior to trading on Wednesday . The stock had previously closed at $4.72, but opened at $4.43. Remy Cointreau shares last traded at $4.43, with a volume of 252 shares traded.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on REMYY shares. UBS Group lowered Remy Cointreau from a “hold” rating to a “sell” rating in a report on Wednesday, December 3rd. Deutsche Bank Aktiengesellschaft reiterated a “sell” rating on shares of Remy Cointreau in a report on Friday, November 28th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, two have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Remy Cointreau Stock Down 2.4%

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 firm’s fifty day moving average price is $4.76 and its two-hundred day moving average price is $5.05.

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.