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Rémy Cointreau (OTCMKTS:REMYY) Shares Pass Below Two Hundred Day Moving Average - Time to Sell?

Rémy Cointreau logo with Consumer Staples background

Rémy Cointreau SA (OTCMKTS:REMYY - Get Free Report) passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $7.21 and traded as low as $5.96. Rémy Cointreau shares last traded at $6.02, with a volume of 31,095 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 research note on Tuesday, September 10th.

Read Our Latest Report on REMYY

Rémy Cointreau Price Performance

The firm's 50-day simple moving average is $6.17 and its 200 day simple moving average is $7.21. The company has a current ratio of 2.50, a quick ratio of 0.40 and a debt-to-equity ratio of 0.28.

About Rémy Cointreau

(Get Free Report)

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.

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