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Rémy Cointreau (OTCMKTS:REMYY) Shares Pass Above 50 Day Moving Average - Here's What Happened

Rémy Cointreau logo with Consumer Staples background

Shares of Rémy Cointreau SA (OTCMKTS:REMYY - Get Free Report) crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $5.07 and traded as high as $5.35. Rémy Cointreau shares last traded at $5.32, with a volume of 1,913 shares.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. Barclays upgraded Rémy Cointreau from a "strong sell" rating to a "hold" rating in a research note on Thursday, May 1st. Berenberg Bank upgraded Rémy Cointreau to a "strong-buy" rating in a research report on Wednesday, April 2nd.

Check Out Our Latest Report on Rémy Cointreau

Rémy Cointreau Price Performance

The business has a fifty day simple moving average of $5.10 and a 200-day simple moving average of $5.44.

About Rémy 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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