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Remy Cointreau (OTCMKTS:REMYY) Shares Gap Down - Here's Why

Remy Cointreau logo with Consumer Staples background

Remy Cointreau (OTCMKTS:REMYY - Get Free Report)'s stock price 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.

Analysts Set New Price Targets

REMYY has been the subject of several research reports. Barclays upgraded 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 note on Wednesday, April 2nd.

View Our Latest Report on Remy Cointreau

Remy Cointreau Trading Down 3.4%

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 firm's 50 day moving average is $5.46 and its two-hundred day moving average is $5.31.

Remy Cointreau Company Profile

(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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