Remy Cointreau (OTCMKTS:REMYY) Shares Up 5.2% - Time to Buy?

Key Points

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Remy Cointreau (OTCMKTS:REMYY - Get Free Report)'s share price shot up 5.2% during mid-day trading on Thursday . The stock traded as high as $5.37 and last traded at $5.37. 7,511 shares changed hands during mid-day trading, a decline of 83% from the average session volume of 43,141 shares. The stock had previously closed at $5.11.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on REMYY. Citigroup reissued a "buy" rating on shares of Remy Cointreau in a research report on Wednesday, September 3rd. Morgan Stanley reissued an "underweight" rating on shares of Remy Cointreau in a research note on Tuesday, August 12th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy".

Remy Cointreau Price Performance

The stock's 50-day moving average is $5.78 and its 200 day moving average is $5.57. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.32 and a current ratio of 2.76.

Remy Cointreau Company Profile

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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