Remy Cointreau (OTCMKTS:REMYY) Shares Gap Up – Time to Buy?

Remy Cointreau (OTCMKTS:REMYY)’s stock price gapped up before the market opened on Thursday . The stock had previously closed at $4.3644, but opened at $4.76. Remy Cointreau shares last traded at $4.77, with a volume of 25,072 shares traded.

Analyst Upgrades and Downgrades

Separately, Barclays reissued an “underweight” rating on shares of Remy Cointreau in a research report on Thursday, April 9th. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and four have given a Sell rating to the company. According to MarketBeat, Remy Cointreau currently has a consensus rating of “Reduce”.

Remy Cointreau Stock Up 8.8%

The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.39 and a current ratio of 2.79. The firm’s 50 day simple moving average is $4.54 and its 200 day simple moving average is $4.56.

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.