Remy Cointreau (OTCMKTS:REMYY) Shares Gap Down – Here’s What Happened

Remy Cointreau (OTCMKTS:REMYY)’s share price gapped down prior to trading on Wednesday . The stock had previously closed at $4.7650, but opened at $4.50. Remy Cointreau shares last traded at $4.50, with a volume of 567 shares traded.

Wall Street Analysts Forecast Growth

Separately, Barclays reaffirmed an “underweight” rating on shares of Remy Cointreau in a research note on Thursday, April 9th. One analyst has rated the stock with a Buy rating, one has assigned a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Reduce”.

Remy Cointreau Stock Down 3.2%

The company has a debt-to-equity ratio of 0.31, a current ratio of 2.79 and a quick ratio of 0.39. The business has a 50-day moving average of $4.44 and a 200-day moving average of $4.62.

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.