Rémy Cointreau (OTCMKTS:REMYY) Sets New 12-Month Low – Here’s Why

Rémy Cointreau SA (OTCMKTS:REMYY)’s stock price reached a new 52-week low on Wednesday . The company traded as low as $5.54 and last traded at $5.64, with a volume of 89434 shares changing hands. The stock had previously closed at $5.76.

Wall Street Analysts Forecast Growth

Separately, BNP Paribas downgraded shares of 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 company has a current ratio of 2.50, a quick ratio of 0.40 and a debt-to-equity ratio of 0.28. The stock’s 50-day simple moving average is $6.74 and its 200 day simple moving average is $7.94.

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.