Remy Cointreau (OTCMKTS:REMYY) Shares Gap Up – Still a Buy?

Remy Cointreau (OTCMKTS:REMYY) shares gapped up prior to trading on Tuesday . The stock had previously closed at $4.90, but opened at $5.18. Remy Cointreau shares last traded at $5.15, with a volume of 2,884 shares changing hands.

Analyst Ratings Changes

Several analysts have recently commented on the stock. Barclays restated an “underweight” rating on shares of Remy Cointreau in a research note on Thursday, April 9th. UBS Group upgraded shares of Remy Cointreau from a “sell” rating to a “neutral” rating in a research note on Monday, June 8th. One analyst has rated the stock with a Buy rating, two have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Reduce”.

Remy Cointreau Trading Up 6.6%

The stock has a fifty day moving average of $4.78 and a two-hundred day moving average of $4.64. The company has a current ratio of 3.16, a quick ratio of 0.34 and a debt-to-equity ratio of 0.35.

Remy Cointreau Company Profile

Rémy Cointreau is a French spirits group specializing in the production and distribution of premium and super-premium alcoholic beverages. The company’s core activities center on cognacs, liqueurs, single malt Scotch whiskies and innovative craft spirits. Through its integrated production network and dedicated cellar masters, Rémy Cointreau maintains rigorous quality standards from distillation and aging to bottling and distribution.

The group’s flagship brands include Rémy Martin and Louis XIII cognacs, recognized worldwide for their heritage and craftsmanship, as well as Cointreau, a leading triple-sec liqueur.