Remy Cointreau (OTCMKTS:REMYY) Reaches New 12-Month Low – Should You Sell?

Remy Cointreau (OTCMKTS:REMYY) reached a new 52-week low on Friday . The company traded as low as $4.0250 and last traded at $4.0250, with a volume of 7465 shares. The stock had previously closed at $4.1050.

Analyst Upgrades and Downgrades

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

Remy Cointreau Price Performance

The company has a quick ratio of 0.39, a current ratio of 2.79 and a debt-to-equity ratio of 0.31. The company’s 50 day simple moving average is $4.73 and its 200 day simple moving average is $4.87.

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.