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

Rémy Cointreau SA (OTCMKTS:REMYY) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $8.65 and traded as low as $7.27. Rémy Cointreau shares last traded at $7.27, with a volume of 28,739 shares trading hands.

Wall Street Analyst Weigh In

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 Stock Performance

The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.40 and a current ratio of 2.50. The company’s 50-day moving average price is $7.54 and its 200 day moving average price is $8.62.

About Rémy Cointreau

Rémy Cointreau SA, together with its subsidiaries, engages in the production, sale, and distribution of liqueurs and spirits. The company operates through Rémy Martin, Liqueurs & Spirits, and Partner Brands segments. It offers liqueurs, brandy, gin, single malt whisky, rum, wine, and champagne primarily under the Cointreau, Metaxa, St-Rémy, Mount Gay, Bruichladdich, Port Charlotte, Octomore, The Botanist, Westland, LOUIS XIII, and Domaine des Hautes Glaces brands.