Rémy Cointreau (OTCMKTS:REMYY) Shares Cross Below 200-Day Moving Average – What’s Next?

Rémy Cointreau SA (OTCMKTS:REMYY) shares crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred 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.

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 note on Tuesday, September 10th.

Rémy Cointreau Trading Down 1.6 %

The firm has a 50 day moving average of $6.25 and a 200-day moving average of $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.

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.