Rémy Cointreau (OTCMKTS:REMYF) Stock Price Down 9.1% – What’s Next?

Rémy Cointreau SA (OTCMKTS:REMYF) shares fell 9.1% during 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.

Analyst Ratings Changes

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

Rémy Cointreau Stock Performance

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

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.