Remy Cointreau (OTCMKTS:REMYY) Trading 6% Higher – Should You Buy?

Shares of Remy Cointreau (OTCMKTS:REMYY) shot up 6% during mid-day trading on Friday . The company traded as high as $5.21 and last traded at $5.21. Approximately 2,112 shares traded hands during trading, a decline of 86% from the average session volume of 14,938 shares. The stock had previously closed at $4.9150.

Analysts Set New Price Targets

Several equities analysts have commented on REMYY shares. UBS Group raised Remy Cointreau from a “sell” rating to a “neutral” rating in a research report on Monday, June 8th. Barclays reissued an “underweight” rating on shares of Remy Cointreau in a research note on Thursday, April 9th. One investment analyst has rated the stock with a Buy rating, two have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Reduce”.

Remy Cointreau Trading Down 0.3%

The firm has a fifty day simple moving average of $4.83 and a 200 day simple moving average of $4.68. The company has a current ratio of 3.16, a quick ratio of 0.34 and a debt-to-equity ratio of 0.35.

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.