Remy Cointreau (OTCMKTS:REMYY) Stock Price Up 9.2% – Here’s Why

Remy Cointreau (OTCMKTS:REMYY)’s share price shot up 9.2% during mid-day trading on Wednesday. The company traded as high as $5.25 and last traded at $5.23. Approximately 700 shares were traded during mid-day trading, a decline of 94% from the average daily volume of 11,810 shares. The stock had previously closed at $4.79.

Remy Cointreau Trading Up 3.6%

The company has a debt-to-equity ratio of 0.35, a current ratio of 3.16 and a quick ratio of 0.34. The business has a fifty day moving average price of $5.05 and a 200 day moving average price of $4.88.

Remy Cointreau Company Profile

Rémy Cointreau is a France-based spirits group that develops, produces and distributes premium and luxury alcoholic beverages. Its portfolio is centered on cognac, liqueurs, rum, whisky, champagne and other specialty spirits, with products marketed through a combination of owned brands and international distribution networks.

The company’s best-known brands include Rémy Martin cognac, including the Louis XIII luxury cognac, and Cointreau orange liqueur. Its broader portfolio includes Mount Gay rum, Bruichladdich, The Botanist and Port Charlotte whiskies and gin, Metaxa Greek spirits, St-Rémy brandy, Telmont champagne, and Domaine des Hautes Glaces whisky.