Remy Cointreau (OTCMKTS:REMYY) Sees Strong Trading Volume – Should You Buy?

Remy Cointreau (OTCMKTS:REMYY) shares saw unusually-strong trading volume on Monday . Approximately 55,582 shares were traded during trading, an increase of 280% from the previous session’s volume of 14,640 shares.The stock last traded at $4.85 and had previously closed at $4.73.

Wall Street Analyst Weigh In

REMYY has been the subject of several research analyst reports. UBS Group raised shares of Remy Cointreau from a “sell” rating to a “neutral” rating in a report on Monday. Barclays reaffirmed an “underweight” rating on shares of Remy Cointreau in a report on Thursday, April 9th. One equities research analyst has rated the stock with a Buy rating, two have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, Remy Cointreau presently has a consensus rating of “Reduce”.

Remy Cointreau Price Performance

The company has a debt-to-equity ratio of 0.31, a current ratio of 2.79 and a quick ratio of 0.39. The stock’s fifty day simple moving average is $4.57 and its two-hundred day simple moving average is $4.55.

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.