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Rémy Cointreau (OTCMKTS:REMYY) Stock Price Crosses Above Fifty Day Moving Average - Here's What Happened

Rémy Cointreau logo with Consumer Staples background

Rémy Cointreau SA (OTCMKTS:REMYY - Get Free Report) shares passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $5.26 and traded as high as $5.94. Rémy Cointreau shares last traded at $5.94, with a volume of 12,522 shares trading hands.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. Berenberg Bank raised Rémy Cointreau to a "strong-buy" rating in a research report on Wednesday, April 2nd. Barclays upgraded shares of Rémy Cointreau from a "strong sell" rating to a "hold" rating in a report on Thursday, May 1st.

Read Our Latest Analysis on Rémy Cointreau

Rémy Cointreau Stock Down 1.9%

The firm's fifty day moving average is $5.28 and its two-hundred day moving average is $5.42.

Rémy 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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