Rémy Cointreau (OTCMKTS:REMYF) Stock Price Down 9.1% – Here’s Why

Rémy Cointreau SA (OTCMKTS:REMYF)’s share price traded down 9.1% during mid-day trading on Wednesday . The stock traded as low as $60.55 and last traded at $60.55. 803 shares changed hands during trading, an increase of 145% from the average session volume of 328 shares. The stock had previously closed at $66.62.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on REMYF shares. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Rémy Cointreau in a research note on Monday, September 9th. BNP Paribas lowered shares of Rémy Cointreau from an “outperform” rating to a “neutral” rating in a research note on Tuesday, September 10th.

Rémy Cointreau Stock Down 0.0 %

The business has a 50 day simple moving average of $62.83 and a 200-day simple moving average of $73.92.

Rémy Cointreau Company Profile

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.