Remy Cointreau (OTCMKTS:REMYY) Given Average Rating of “Reduce” by Brokerages

Shares of Remy Cointreau (OTCMKTS:REMYY) have been given an average recommendation of “Reduce” by the six brokerages that are presently covering the firm, MarketBeat Ratings reports. Three analysts have rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the company.

Several analysts have recently issued reports on REMYY shares. UBS Group upgraded shares of Remy Cointreau from a “sell” rating to a “neutral” rating in a research note on Monday, June 8th. Barclays restated an “underweight” rating on shares of Remy Cointreau in a research note on Thursday, April 9th.

Remy Cointreau Price Performance

OTCMKTS:REMYY opened at $5.10 on Friday. Remy Cointreau has a one year low of $3.98 and a one year high of $7.23. The firm has a 50-day moving average of $4.84 and a 200-day moving average of $4.70. The company has a debt-to-equity ratio of 0.35, a current ratio of 3.16 and a quick ratio of 0.34.

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.