Remy Cointreau (OTCMKTS:REMYY) Sees Large Volume Increase – Should You Buy?

Shares of Remy Cointreau (OTCMKTS:REMYY) saw strong trading volume on Monday . 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 Analysts Forecast Growth

Several brokerages recently commented on REMYY. Barclays reaffirmed an “underweight” rating on shares of Remy Cointreau in a research note on Thursday, April 9th. UBS Group raised shares of Remy Cointreau from a “sell” rating to a “neutral” rating in a report on Monday. One analyst has rated the stock with a Buy rating, two have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Remy Cointreau presently has a consensus rating of “Reduce”.

Remy Cointreau Stock Performance

The company has a quick ratio of 0.39, a current ratio of 2.79 and a debt-to-equity ratio of 0.31. The stock’s fifty day moving average price is $4.60 and its 200 day moving average price is $4.56.

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.