Remy Cointreau (OTCMKTS:REMYY) Stock Price Down 4.6% - Time to Sell?

Shares of Remy Cointreau (OTCMKTS:REMYY - Get Free Report) fell 4.6% on Monday . The company traded as low as $6.12 and last traded at $6.12. 12,092 shares were traded during mid-day trading, a decline of 79% from the average session volume of 58,030 shares. The stock had previously closed at $6.42.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on REMYY. Berenberg Bank raised Remy Cointreau to a "strong-buy" rating in a report on Wednesday, April 2nd. Barclays raised Remy Cointreau from a "strong sell" rating to a "hold" rating in a report on Thursday, May 1st.

Remy Cointreau Trading Up 1.1%

The firm has a fifty day moving average of $5.50 and a 200 day moving average of $5.32. The company has a current ratio of 2.76, a quick ratio of 0.32 and a debt-to-equity ratio of 0.29.

Remy Cointreau Cuts Dividend

The business also recently announced a dividend, which will be paid on Thursday, October 16th. Investors of record on Monday, July 28th will be issued a dividend of $0.0723 per share. This represents a yield of 1.19%. The ex-dividend date of this dividend is Friday, July 25th.

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.