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Remy Cointreau (OTCMKTS:REMYY) Stock Price Passes Below 50 Day Moving Average - Time to Sell?

Remy Cointreau logo with Consumer Staples background

Remy Cointreau (OTCMKTS:REMYY - Get Free Report)'s share price crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $5.34 and traded as low as $5.01. Remy Cointreau shares last traded at $5.02, with a volume of 4,652 shares traded.

Analysts Set New Price Targets

REMYY has been the topic of a number of recent analyst reports. Berenberg Bank raised shares of Remy Cointreau to a "strong-buy" rating in a research report on Wednesday, April 2nd. Barclays upgraded shares of Remy Cointreau from a "strong sell" rating to a "hold" rating in a research note on Thursday, May 1st.

Get Our Latest Research Report on Remy Cointreau

Remy Cointreau Price Performance

The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.32 and a current ratio of 2.76. The business's 50 day simple moving average is $5.37 and its 200 day simple moving average is $5.31.

About Remy Cointreau

(Get Free Report)

Rémy Cointreau SA, together with its subsidiaries, engages in the production, sale, and distribution of liqueurs and spirits. It operates through Rémy Martin, Liqueurs & Spirits, and Partner Brands segments. The company offers cognacs, liqueurs, single malt whiskies, gins, rums, brandies, wines, and champagnes primarily under the Cointreau, Metaxa, St-Rémy, Mount Gay, Bruichladdich, The Botanist, Westland, Le Domaine des Hautes Glaces, Belle de Brillet, Telmont, Port Charlotte, Octomore, Rémy Martin, and LOUIS XIII brands.

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