Remy Cointreau (OTCMKTS:REMYY) Shares Gap Up – What’s Next?

Remy Cointreau (OTCMKTS:REMYY) shares gapped up prior to trading on Thursday . The stock had previously closed at $4.94, but opened at $5.14. Remy Cointreau shares last traded at $5.14, with a volume of 204 shares changing hands.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on REMYY. Barclays restated an “underweight” rating on shares of Remy Cointreau in a research note on Thursday, April 9th. UBS Group upgraded shares of Remy Cointreau from a “sell” rating to a “neutral” rating in a research report on Monday, June 8th. One equities research analyst has rated the stock with a Buy rating, two have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, Remy Cointreau currently has a consensus rating of “Reduce”.

Remy Cointreau Trading Up 4.9%

The business has a 50 day moving average of $4.81 and a 200-day moving average of $4.67. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.34 and a current ratio of 3.16.

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.