Remy Cointreau (OTCMKTS:REMYY) Given Average Rating of “Reduce” by Brokerages

Remy Cointreau (OTCMKTS:REMYY) has been given a consensus recommendation of “Reduce” by the six research firms that are presently covering the company, MarketBeat reports. Three equities research analysts have rated the stock with a sell recommendation, two have given a hold recommendation and one has assigned a buy recommendation to the company.

REMYY has been the topic of several recent research reports. UBS Group raised Remy Cointreau from a “sell” rating to a “neutral” rating in a research report on Monday, June 8th. Barclays reissued an “underweight” rating on shares of Remy Cointreau in a research report on Thursday, April 9th.

Remy Cointreau Stock Down 0.3%

Shares of REMYY stock opened at $5.18 on Friday. Remy Cointreau has a 52-week low of $3.98 and a 52-week high of $7.23. 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 company’s 50 day moving average is $4.83 and its 200 day moving average is $4.68.

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.