Rémy Cointreau (OTCMKTS:REMYY) Stock Crosses Below 200 Day Moving Average – Here’s Why

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 traded.

Analyst Upgrades and Downgrades

Separately, BNP Paribas lowered 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 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 $6.25 and its 200 day simple moving average is $7.35.

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.