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Rémy Cointreau (OTCMKTS:REMYY) Shares Cross Above 50-Day Moving Average - Here's Why

Rémy Cointreau logo with Consumer Staples background

Rémy Cointreau SA (OTCMKTS:REMYY - Get Free Report)'s stock price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $5.14 and traded as high as $5.61. Rémy Cointreau shares last traded at $5.55, with a volume of 29,705 shares traded.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. Berenberg Bank upgraded 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.

Check Out Our Latest Research Report on REMYY

Rémy Cointreau Trading Down 1.1%

The business's 50-day moving average price is $5.15 and its two-hundred day moving average price is $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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