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

Shares of Remy Cointreau (OTCMKTS:REMYY) gapped down prior to trading on Wednesday . The stock had previously closed at $4.2050, but opened at $4.07. Remy Cointreau shares last traded at $4.24, with a volume of 7,196 shares.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on REMYY. Citigroup reissued a “buy” rating on shares of Remy Cointreau in a research note on Wednesday, September 3rd. UBS Group downgraded Remy Cointreau from a “hold” rating to a “sell” rating in a research report on Wednesday, December 3rd. The Goldman Sachs Group lowered Remy Cointreau to a “neutral” rating in a report on Friday, October 31st. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “sell” rating on shares of Remy Cointreau in a research note on Friday, November 28th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, two have issued a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold”.

Remy Cointreau Trading Up 1.2%

The stock’s 50 day moving average is $4.74 and its 200 day moving average is $5.43. The company has a current ratio of 2.79, a quick ratio of 0.39 and a debt-to-equity ratio of 0.31.

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.