Remy Cointreau (OTCMKTS:REMYY) Hits New 52-Week Low – Time to Sell?

Remy Cointreau (OTCMKTS:REMYY) reached a new 52-week low on Wednesday . The stock traded as low as $4.34 and last traded at $4.35, with a volume of 8922 shares trading hands. The stock had previously closed at $4.5425.

Analysts Set New Price Targets

REMYY has been the subject of several research reports. The Goldman Sachs Group cut Remy Cointreau to a “neutral” rating in a report on Friday, October 31st. Citigroup reaffirmed a “buy” rating on shares of Remy Cointreau in a research note on Wednesday, September 3rd. Finally, Morgan Stanley reiterated an “underweight” rating on shares of Remy Cointreau in a research report on Tuesday, August 12th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Remy Cointreau presently has a consensus rating of “Hold”.

Remy Cointreau Trading Down 3.2%

The firm’s 50 day moving average is $5.20 and its 200-day moving average is $5.60. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.32 and a current ratio of 2.76.

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.