Rémy Cointreau (OTCMKTS:REMYY) Stock Passes Below 200-Day Moving Average of $17.66

Rémy Cointreau SA (OTCMKTS:REMYYGet Rating) shares crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $17.66 and traded as low as $15.72. Rémy Cointreau shares last traded at $15.81, with a volume of 9,455 shares trading hands.

Analysts Set New Price Targets

Separately, Sanford C. Bernstein raised shares of Rémy Cointreau from a “market perform” rating to an “outperform” rating in a research note on Tuesday, April 18th. One analyst has rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $223.00.

Rémy Cointreau Stock Performance

The stock’s 50-day moving average price is $17.80 and its 200 day moving average price is $17.66.

About Rémy Cointreau

(Get Rating)

Rémy Cointreau SA engages in the manufacture and sale of cognac, liqueurs, and spirits. Its products include rum, brandy, scotches, and whiskies. It distributes its products under the following brands: Rémy Martin, Mount Gay, Saint Rémy, Metaxa, Cointreau, Passoa, Bruichladdich, Port Charlotte, and Octopus.

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