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

Rémy Cointreau SA (OTCMKTS:REMYY)’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.

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

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.