Shares of Rémy Cointreau SA (OTCMKTS:REMYY - Get Free Report) hit a new 52-week low on Thursday . The company traded as low as $6.96 and last traded at $7.00, with a volume of 69642 shares changing hands. The stock had previously closed at $7.06.
Analysts Set New Price Targets
Separately, BNP Paribas cut Rémy Cointreau from a "strong-buy" rating to a "hold" rating in a research report on Tuesday.
Read Our Latest Research Report on Rémy Cointreau
Rémy Cointreau Price Performance
The business has a 50-day moving average of $7.83 and a 200 day moving average of $8.99. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.40 and a current ratio of 2.50.
Rémy Cointreau Cuts Dividend
The business also recently disclosed a dividend, which will be paid on Wednesday, October 16th. Investors of record on Tuesday, July 23rd will be given a dividend of $0.2149 per share. The ex-dividend date of this dividend is Tuesday, July 23rd.
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. 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.
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