Remy Cointreau (OTCMKTS:REMYY) Receives Average Recommendation of “Reduce” from Brokerages

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

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

Remy Cointreau Stock Performance

REMYY opened at $4.88 on Wednesday. The business’s 50-day simple moving average is $4.74 and its 200-day simple moving average is $4.60. The company has a current ratio of 2.79, a quick ratio of 0.39 and a debt-to-equity ratio of 0.31. Remy Cointreau has a one year low of $3.98 and a one year high of $7.23.

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.