Rémy Cointreau (OTCMKTS:REMYY) Sets New 52-Week Low – Time to Sell?

Rémy Cointreau SA (OTCMKTS:REMYY)’s stock price hit a new 52-week low during trading on Tuesday . The stock traded as low as $6.08 and last traded at $6.08, with a volume of 56729 shares changing hands. The stock had previously closed at $6.15.

Wall Street Analyst Weigh In

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

Rémy Cointreau Stock Down 5.5 %

The company has a quick ratio of 0.40, a current ratio of 2.50 and a debt-to-equity ratio of 0.28. The firm’s 50-day moving average price is $6.91 and its 200 day moving average price is $8.06.

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.