Remy Cointreau (OTCMKTS:REMYY) Trading 6% Higher – Here’s Why

Remy Cointreau (OTCMKTS:REMYY) shares rose 6% on Friday . The stock traded as high as $5.21 and last traded at $5.21. Approximately 2,112 shares changed hands during mid-day trading, a decline of 86% from the average session volume of 14,938 shares. The stock had previously closed at $4.9150.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. Barclays reaffirmed an “underweight” rating on shares of Remy Cointreau in a research note on Thursday, April 9th. UBS Group raised shares of 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 issued a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Reduce”.

Remy Cointreau Trading Up 0.1%

The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.34 and a current ratio of 3.16. The firm has a 50 day moving average price of $4.82 and a 200-day moving average price of $4.68.

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.