Rémy Cointreau (OTCMKTS:REMYY) Stock Crosses Below 200-Day Moving Average - Here's What Happened

Rémy Cointreau SA (OTCMKTS:REMYY - Get Free Report) shares passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $8.22 and traded as low as $6.42. Rémy Cointreau shares last traded at $6.42, with a volume of 44,067 shares trading hands.

Analyst Ratings Changes

Separately, BNP Paribas downgraded Rémy Cointreau from a "strong-buy" rating to a "hold" rating in a report on Tuesday, September 10th.

Rémy Cointreau Trading Down 2.3 %

The stock's 50-day simple moving average is $7.14 and its two-hundred day simple moving average is $8.20. 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 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.