Remy Cointreau (OTCMKTS:REMYY) Sees Strong Trading Volume – Time to Buy?

Shares of Remy Cointreau (OTCMKTS:REMYY) saw unusually-strong trading volume on Wednesday . Approximately 8,800 shares were traded during mid-day trading, a decline of 37% from the previous session’s volume of 13,912 shares.The stock last traded at $4.59 and had previously closed at $4.65.

Analyst Ratings Changes

Separately, Barclays reissued an “underweight” rating on shares of Remy Cointreau in a report on Thursday, April 9th. One analyst has rated the stock with a Buy rating, one has assigned a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Reduce”.

Remy Cointreau Stock Performance

The company has a quick ratio of 0.39, a current ratio of 2.79 and a debt-to-equity ratio of 0.31. The firm’s fifty day simple moving average is $4.47 and its 200 day simple moving average is $4.58.

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.