Remy Cointreau (OTCMKTS:REMYY) Shares Gap Up – Should You Buy?

Shares of Remy Cointreau (OTCMKTS:REMYY) 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.

Analysts Set New Price Targets

REMYY has been the topic of a number of analyst reports. UBS Group upgraded Remy Cointreau from a “sell” rating to a “neutral” rating in a research report on Monday, June 8th. Barclays restated an “underweight” rating on shares of Remy Cointreau in a report on Thursday, April 9th. One investment analyst has rated the stock with a Buy rating, two have issued a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, Remy Cointreau presently has an average rating of “Reduce”.

Remy Cointreau Trading Down 0.3%

The firm’s fifty day simple moving average is $4.83 and its two-hundred day simple moving average is $4.68. The company has a quick ratio of 0.34, a current ratio of 3.16 and a debt-to-equity ratio of 0.35.

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.