Rémy Cointreau (OTCMKTS:REMYY) Cut to Hold at BNP Paribas

BNP Paribas cut shares of Rémy Cointreau (OTCMKTS:REMYY - Free Report) from a strong-buy rating to a hold rating in a research report report published on Tuesday, Zacks.com reports.

Rémy Cointreau Stock Down 0.8 %

Shares of REMYY stock traded down $0.06 on Tuesday, hitting $7.00. 72,494 shares of the company's stock traded hands, compared to its average volume of 109,586. The company's fifty day simple moving average is $7.83 and its 200 day simple moving average is $8.99. Rémy Cointreau has a one year low of $6.96 and a one year high of $14.32. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.50 and a quick ratio of 0.40.

Rémy Cointreau Cuts Dividend

The business also recently announced a dividend, which will be paid on Wednesday, October 16th. Stockholders of record on Tuesday, July 23rd will be paid a $0.2149 dividend. The ex-dividend date is Tuesday, July 23rd.

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.