Remy Cointreau (OTCMKTS:REMYY) Share Price Passes Below 200 Day Moving Average – Should You Sell?

Remy Cointreau (OTCMKTS:REMYY)’s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $5.64 and traded as low as $4.84. Remy Cointreau shares last traded at $4.85, with a volume of 9,229 shares traded.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. The Goldman Sachs Group lowered shares of Remy Cointreau to a “neutral” rating in a research report on Friday, October 31st. Citigroup restated a “buy” rating on shares of Remy Cointreau in a research report 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 analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold”.

Remy Cointreau Stock Down 0.5%

The stock has a 50-day moving average price of $5.45 and a 200 day moving average price of $5.64. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.76 and a quick ratio of 0.32.

About Remy Cointreau

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.