Remy Cointreau (OTCMKTS:REMYY) Sees Large Volume Increase – Should You Buy?

Shares of Remy Cointreau (OTCMKTS:REMYY) saw unusually-high trading volume on Friday . Approximately 12,910 shares were traded during mid-day trading, a decline of 10% from the previous session’s volume of 14,267 shares.The stock last traded at $4.83 and had previously closed at $4.69.

Wall Street Analyst Weigh In

Separately, Barclays restated an “underweight” rating on shares of Remy Cointreau in a report on Thursday, April 9th. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and four have given a Sell rating to the company. According to MarketBeat.com, Remy Cointreau has a consensus rating of “Reduce”.

Remy Cointreau Stock Performance

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 stock has a 50 day moving average price of $4.57 and a two-hundred day moving average price of $4.70.

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.