Rémy Cointreau (OTCMKTS:REMYY) Sets New 52-Week Low – Here’s What Happened

Shares of Rémy Cointreau SA (OTCMKTS:REMYY) reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as $5.54 and last traded at $5.64, with a volume of 89434 shares traded. The stock had previously closed at $5.76.

Analyst Upgrades and Downgrades

Separately, BNP Paribas lowered Rémy Cointreau from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 10th.

Rémy Cointreau Trading Down 2.2 %

The business has a 50-day moving average price of $6.74 and a two-hundred day moving average price of $7.94. The company has a current ratio of 2.50, a quick ratio of 0.40 and a debt-to-equity ratio of 0.28.

Rémy Cointreau Company Profile

Rémy Cointreau SA, together with its subsidiaries, engages in the production, sale, and distribution of liqueurs and spirits. It operates through Rémy Martin, Liqueurs & Spirits, and Partner Brands segments. The company offers cognacs, liqueurs, single malt whiskies, gins, rums, brandies, wines, and champagnes primarily under the Cointreau, Metaxa, St-Rémy, Mount Gay, Bruichladdich, The Botanist, Westland, Le Domaine des Hautes Glaces, Belle de Brillet, Telmont, Port Charlotte, Octomore, Rémy Martin, and LOUIS XIII brands.