Remy Cointreau (OTCMKTS:REMYY) Shares Gap Up – Still a Buy?

Shares of Remy Cointreau (OTCMKTS:REMYY) gapped up before the market opened on Tuesday . The stock had previously closed at $4.90, but opened at $5.18. Remy Cointreau shares last traded at $5.15, with a volume of 2,884 shares.

Analyst Ratings Changes

Several research analysts have weighed in on the stock. Barclays restated an “underweight” rating on shares of Remy Cointreau in a research report on Thursday, April 9th. UBS Group raised Remy Cointreau from a “sell” rating to a “neutral” rating in a research note on Monday, June 8th. One equities research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Reduce”.

Remy Cointreau Stock Up 6.6%

The company has a current ratio of 3.16, a quick ratio of 0.34 and a debt-to-equity ratio of 0.35. The company’s fifty day simple moving average is $4.78 and its two-hundred day simple moving average is $4.64.

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.