Remy Cointreau (OTCMKTS:REMYY) Sees Unusually-High Trading Volume – Still a Buy?

Remy Cointreau (OTCMKTS:REMYY) saw strong trading volume on Tuesday . 19,871 shares were traded during mid-day trading, an increase of 32% from the previous session’s volume of 15,077 shares.The stock last traded at $5.27 and had previously closed at $5.1050.

Analyst Ratings Changes

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

Remy Cointreau Stock Performance

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 company has a fifty day moving average price of $4.49 and a 200-day moving average price of $5.18.

About Remy Cointreau

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.