Remy Cointreau (OTCMKTS:REMYY) Trading 6% Higher – Here’s Why

Shares of Remy Cointreau (OTCMKTS:REMYY) were up 6% during mid-day trading on Friday . The stock traded as high as $5.21 and last traded at $5.21. Approximately 2,112 shares were traded during trading, a decline of 86% from the average daily volume of 14,938 shares. The stock had previously closed at $4.9150.

Analyst Ratings Changes

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

Remy Cointreau Trading Up 0.1%

The company has a debt-to-equity ratio of 0.35, a current ratio of 3.16 and a quick ratio of 0.34. The business has a 50 day simple moving average of $4.82 and a 200 day simple moving average of $4.68.

About Remy Cointreau

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.