Remy Cointreau (OTCMKTS:REMYY) Reaches New 12-Month High – Here’s Why

Remy Cointreau (OTCMKTS:REMYY) hit a new 52-week high during trading on Monday. The company traded as high as $5.83 and last traded at $5.83, with a volume of 627 shares traded. The stock had previously closed at $5.47.

Analyst Upgrades and Downgrades

Separately, Sanford C. Bernstein cut shares of Remy Cointreau to a “market perform” rating in a research note on Tuesday, October 27th. Two research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, Remy Cointreau has an average rating of “Reduce”.

Remy Cointreau Price Performance

The stock has a 50-day simple moving average of $5.12 and a 200-day simple moving average of $4.88. The company has a debt-to-equity ratio of 0.35, a current ratio of 3.16 and a quick ratio of 0.34.

Remy Cointreau Company Profile

Rémy Cointreau is a France-based international spirits group that produces, markets and distributes premium and luxury alcoholic beverages. Its portfolio is organized around cognac, liqueurs, rum, whisky, gin, champagne and related spirits, with products sold through a combination of distributors, retailers, hospitality venues and e-commerce channels.

The company’s best-known brands include Rémy Martin and Louis XIII cognacs, Cointreau orange liqueur, Mount Gay rum, The Botanist gin, Bruichladdich and Westland whiskies, Metaxa Greek spirits, St-Rémy brandy and Telmont champagne.