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

Shares of Remy Cointreau (OTCMKTS:REMYY) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $5.64 and traded as low as $4.84. Remy Cointreau shares last traded at $4.85, with a volume of 9,229 shares trading hands.

Analyst Ratings Changes

A number of brokerages have commented on REMYY. The Goldman Sachs Group downgraded Remy Cointreau to a “neutral” rating in a report on Friday, October 31st. Morgan Stanley reiterated an “underweight” rating on shares of Remy Cointreau in a research note on Tuesday, August 12th. Finally, Citigroup restated a “buy” rating on shares of Remy Cointreau in a research note on Wednesday, September 3rd. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold”.

Remy Cointreau Stock Performance

The company has a debt-to-equity ratio of 0.29, a current ratio of 2.76 and a quick ratio of 0.32. The firm has a fifty day moving average of $5.45 and a 200-day moving average of $5.65.

Remy Cointreau Company Profile

Rémy Cointreau SA, together with its subsidiaries, engages in the production, sale, and distribution of liqueurs and spirits. It operates through Rémy Martin, Liqueurs & Spirits, and Partner Brands segments. The company offers cognacs, liqueurs, single malt whiskies, gins, rums, brandies, wines, and champagnes primarily under the Cointreau, Metaxa, St-Rémy, Mount Gay, Bruichladdich, The Botanist, Westland, Le Domaine des Hautes Glaces, Belle de Brillet, Telmont, Port Charlotte, Octomore, Rémy Martin, and LOUIS XIII brands.