Remy Cointreau (OTCMKTS:REMYY) Stock Crosses Below 200 Day Moving Average – Time to Sell?

Remy Cointreau (OTCMKTS:REMYY)’s share price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $4.81 and traded as low as $4.0552. Remy Cointreau shares last traded at $4.0552, with a volume of 5,694 shares trading hands.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on REMYY shares. Deutsche Bank Aktiengesellschaft reiterated a “sell” rating on shares of Remy Cointreau in a research report on Friday, November 28th. UBS Group cut Remy Cointreau from a “hold” rating to a “sell” rating in a report on Wednesday, December 3rd. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, two have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, Remy Cointreau has a consensus rating of “Hold”.

Remy Cointreau Stock 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 has a 50 day moving average price of $4.66 and a 200-day moving average price of $4.81.

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.