Remy Cointreau (OTCMKTS:REMYY) Shares Cross Below 200 Day Moving Average – Time to Sell?

Remy Cointreau (OTCMKTS:REMYY)’s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $4.97 and traded as low as $4.2150. Remy Cointreau shares last traded at $4.25, with a volume of 10,130 shares traded.

Analyst Ratings Changes

REMYY has been the subject of a number of recent research reports. Deutsche Bank Aktiengesellschaft restated a “sell” rating on shares of Remy Cointreau in a research note on Friday, November 28th. UBS Group lowered shares of Remy Cointreau from a “hold” rating to a “sell” rating in a report on Wednesday, December 3rd. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, two have issued a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, Remy Cointreau has a consensus rating of “Hold”.

Remy Cointreau Stock Down 1.2%

The company has a current ratio of 2.79, a quick ratio of 0.39 and a debt-to-equity ratio of 0.31. The firm’s fifty day moving average is $4.77 and its 200-day moving average is $4.97.

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.