Rémy Cointreau (OTCMKTS:REMYY) Stock Crosses Below 200 Day Moving Average – Should You Sell?

Rémy Cointreau SA (OTCMKTS:REMYY) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $7.37 and traded as low as $6.56. Rémy Cointreau shares last traded at $6.64, with a volume of 15,321 shares changing hands.

Analysts Set New Price Targets

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

Rémy Cointreau Stock Down 1.6 %

The stock’s fifty day simple moving average is $6.25 and its 200 day simple moving average is $7.37. The company has a quick ratio of 0.40, a current ratio of 2.50 and a debt-to-equity ratio of 0.28.

About Rémy Cointreau

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.