Remy Cointreau (OTCMKTS:REMYY) Sees Unusually-High Trading Volume – What’s Next?

Remy Cointreau (OTCMKTS:REMYY) saw strong trading volume on Monday. 27,354 shares changed hands during mid-day trading, an increase of 133% from the average daily volume of 11,753 shares. The stock last traded at $5.7401 and had previously closed at $5.71.

Analyst Upgrades and Downgrades

Separately, Sanford C. Bernstein lowered Remy Cointreau to a “market perform” rating in a report on Tuesday, October 27th. Two analysts have rated the stock with a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Reduce”.

Remy Cointreau Trading Down 1.2%

The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.34 and a current ratio of 3.16. The stock’s fifty day simple moving average is $5.18 and its 200-day simple moving average is $4.91.

Remy Cointreau Company Profile

Rémy Cointreau is a French spirits group that develops, produces and markets premium spirits. Its portfolio spans cognac, liqueurs, rum, whisky and gin, with brands including Rémy Martin and Louis XIII cognacs, Cointreau liqueur, Mount Gay rum, Bruichladdich whisky and The Botanist gin. The group was formed in 1990 through the merger of the Rémy Martin and Cointreau businesses. The Rémy Martin house traces its origins to 1724, while Cointreau was founded in 1849. Headquartered in France, Rémy Cointreau serves customers in markets around the world through its international brand and distribution operations.