Rémy Cointreau (OTCMKTS:REMYY) Hits New 52-Week Low – Here’s Why

Rémy Cointreau SA (OTCMKTS:REMYYGet Free Report)’s stock price reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $6.24 and last traded at $6.27, with a volume of 52556 shares traded. The stock had previously closed at $6.42.

Wall Street Analysts Forecast Growth

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

Get Our Latest Analysis on Rémy Cointreau

Rémy Cointreau Stock Down 2.3 %

The company has a 50 day moving average of $7.14 and a two-hundred day moving average of $8.20. The company has a current ratio of 2.50, a quick ratio of 0.40 and a debt-to-equity ratio of 0.28.

About Rémy Cointreau

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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.

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