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Remy Cointreau (OTCMKTS:REMYY) Shares Gap Down - Should You Sell?

Remy Cointreau logo with Consumer Staples background

Remy Cointreau (OTCMKTS:REMYY - Get Free Report) gapped down before the market opened on Friday . The stock had previously closed at $6.56, but opened at $6.35. Remy Cointreau shares last traded at $6.38, with a volume of 7,818 shares trading hands.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on REMYY shares. Barclays upgraded shares of Remy Cointreau from a "strong sell" rating to a "hold" rating in a research report on Thursday, May 1st. Berenberg Bank upgraded shares of Remy Cointreau to a "strong-buy" rating in a research report on Wednesday, April 2nd.

Read Our Latest Stock Report on REMYY

Remy Cointreau Stock Down 2.2%

The stock's fifty day moving average price is $5.46 and its two-hundred day moving average price is $5.32. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.32 and a current ratio of 2.76.

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.

Further Reading

Should You Invest $1,000 in Remy Cointreau Right Now?

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