Remy Cointreau (OTCMKTS:REMYY) Trading Up 9.6% – Time to Buy?

Remy Cointreau (OTCMKTS:REMYY) shares were up 9.6% during trading on Wednesday . The stock traded as high as $5.14 and last traded at $5.14. Approximately 4,885 shares were traded during mid-day trading, a decline of 69% from the average daily volume of 15,680 shares. The stock had previously closed at $4.69.

Analyst Upgrades and Downgrades

REMYY has been the topic of several recent research reports. The Goldman Sachs Group downgraded Remy Cointreau to a “neutral” rating in a report on Friday, October 31st. UBS Group cut Remy Cointreau from a “hold” rating to a “sell” rating in a report on Wednesday, December 3rd. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “sell” rating on shares of Remy Cointreau in a research note on Friday, November 28th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, two have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Remy Cointreau currently has an average rating of “Hold”.

Remy Cointreau Stock Up 9.4%

The company has a current ratio of 2.79, a quick ratio of 0.39 and a debt-to-equity ratio of 0.31. The firm’s fifty day moving average is $4.44 and its 200 day moving average is $5.22.

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.