Rémy Cointreau (OTCMKTS:REMYY) Shares Cross Below 200-Day Moving Average - Time to Sell?

Rémy Cointreau SA (OTCMKTS:REMYY - Get Free Report)'s share price crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $7.37 and traded as low as $6.56. Rémy Cointreau shares last traded at $6.64, with a volume of 15,321 shares changing hands.

Analysts Set New Price Targets

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

Rémy Cointreau Stock Down 1.6 %

The business's fifty day moving average price is $6.25 and its 200-day moving average price is $7.35. The company has a current ratio of 2.50, a quick ratio of 0.40 and a debt-to-equity ratio of 0.28.

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.