Remy Cointreau (OTCMKTS:REMYY) Share Price Crosses Above 50-Day Moving Average – Should You Sell?

Remy Cointreau (OTCMKTS:REMYY)’s share price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $4.50 and traded as high as $4.72. Remy Cointreau shares last traded at $4.69, with a volume of 20,260 shares trading hands.

Analysts Set New Price Targets

Separately, Barclays reaffirmed an “underweight” rating on shares of Remy Cointreau in a research report on Thursday, April 9th. One research analyst has rated the stock with a Buy rating, one has given a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat, the company has an average 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 business’s fifty day simple moving average is $4.50 and its two-hundred day simple moving average is $4.57.

About Remy Cointreau

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.