Remy Cointreau (OTCMKTS:REMYY) Sees Large Volume Increase – Here’s What Happened

Remy Cointreau (OTCMKTS:REMYY) saw unusually-strong trading volume on Wednesday . 16,451 shares were traded during mid-day trading, an increase of 29% from the previous session’s volume of 12,714 shares.The stock last traded at $4.86 and had previously closed at $4.90.

Analyst Upgrades and Downgrades

Separately, UBS Group upgraded shares of Remy Cointreau from a “sell” rating to a “neutral” rating in a research report on Monday, June 8th. Two analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Reduce”.

Remy Cointreau Trading Down 0.8%

The company’s 50-day moving average is $5.19 and its two-hundred day moving average is $4.81. The company has a debt-to-equity ratio of 0.35, a current ratio of 3.16 and a quick ratio of 0.34.

About Remy Cointreau

Rémy Cointreau is a France-based group specializing in the production and distribution of premium spirits. Its portfolio includes cognac, liqueurs, rum, whisky, gin, champagne and other specialty spirits, which it markets through a collection of internationally recognized brands.

The company’s principal brands include Rémy Martin cognac, including the Louis XIII prestige cuvée; Cointreau orange liqueur; Mount Gay rum; St-Rémy brandy; Bruichladdich and Westland whiskies; The Botanist gin; Metaxa Greek spirits; and Telmont champagne.