Remy Cointreau (OTCMKTS:REMYY) Shares Gap Down – What’s Next?

Shares of Remy Cointreau (OTCMKTS:REMYY) gapped down before the market opened on Wednesday . The stock had previously closed at $4.2050, but opened at $4.07. Remy Cointreau shares last traded at $4.24, with a volume of 7,196 shares.

Analysts Set New Price Targets

A number of research analysts recently commented on REMYY shares. UBS Group downgraded shares of Remy Cointreau from a “hold” rating to a “sell” rating in a research report on Wednesday, December 3rd. The Goldman Sachs Group downgraded shares of Remy Cointreau to a “neutral” rating in a research note on Friday, October 31st. Deutsche Bank Aktiengesellschaft reaffirmed a “sell” rating on shares of Remy Cointreau in a report on Friday, November 28th. Finally, Citigroup reissued a “buy” rating on shares of Remy Cointreau in a research report on Wednesday, September 3rd. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, two have issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Remy Cointreau presently has an average rating of “Hold”.

Remy Cointreau Stock Performance

The company has a 50-day moving average of $4.78 and a 200-day moving average of $5.45. The company has a debt-to-equity ratio of 0.31, a current ratio of 2.79 and a quick ratio of 0.39.

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.