Remy Cointreau (OTCMKTS:REMYY – Get Free Report) was the target of a significant increase in short interest in January. As of January 15th, there was short interest totaling 10,445 shares, an increase of 11,011.7% from the December 31st total of 94 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 39,745 shares, the short-interest ratio is presently 0.3 days. Based on an average trading volume of 39,745 shares, the short-interest ratio is presently 0.3 days. Currently, 0.0% of the company’s stock are short sold.
Remy Cointreau Stock Up 0.8%
Remy Cointreau stock opened at $4.63 on Thursday. Remy Cointreau has a 1-year low of $4.05 and a 1-year high of $7.23. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.39 and a current ratio of 2.79. The stock’s fifty day moving average is $4.43 and its two-hundred day moving average is $5.26.
Analyst Upgrades and Downgrades
A number of research firms recently issued reports on REMYY. The Goldman Sachs Group lowered Remy Cointreau to a “neutral” rating in a report on Friday, October 31st. Deutsche Bank Aktiengesellschaft reaffirmed a “sell” rating on shares of Remy Cointreau in a research report on Friday, November 28th. Finally, UBS Group downgraded Remy Cointreau from a “hold” rating to a “sell” rating in a research report on Wednesday, December 3rd. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, two have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold”.
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.
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