Remy Cointreau (OTCMKTS:REMYY) Shares Gap Down – Time to Sell?

Remy Cointreau (OTCMKTS:REMYY)’s stock price gapped down prior to trading on Wednesday . The stock had previously closed at $4.72, but opened at $4.43. Remy Cointreau shares last traded at $4.43, with a volume of 252 shares changing hands.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the stock. UBS Group lowered shares of Remy Cointreau from a “hold” rating to a “sell” rating in a report on Wednesday, December 3rd. Deutsche Bank Aktiengesellschaft reaffirmed a “sell” rating on shares of Remy Cointreau in a research report on Friday, November 28th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, two have issued a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold”.

Remy Cointreau Stock Down 2.4%

The company has a debt-to-equity ratio of 0.31, a current ratio of 2.79 and a quick ratio of 0.39. The business’s 50 day moving average is $4.76 and its 200 day moving average is $5.05.

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.