Remy Cointreau (OTCMKTS:REMYY) Sees Strong Trading Volume – Should You Buy?

Remy Cointreau (OTCMKTS:REMYY) saw an uptick in trading volume on Monday . 55,582 shares were traded during trading, an increase of 280% from the previous session’s volume of 14,640 shares.The stock last traded at $4.85 and had previously closed at $4.73.

Analyst Ratings Changes

A number of brokerages have weighed in on REMYY. Barclays reaffirmed an “underweight” rating on shares of Remy Cointreau in a research report on Thursday, April 9th. UBS Group raised shares of Remy Cointreau from a “sell” rating to a “neutral” rating in a research report on Monday. One investment analyst has rated the stock with a Buy rating, two have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, Remy Cointreau presently has a consensus rating of “Reduce”.

Remy Cointreau Price 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 business’s 50 day moving average is $4.57 and its 200-day moving average is $4.55.

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.