Rémy Cointreau (OTCMKTS:REMYY) Reaches New 52-Week Low at $6.70

Rémy Cointreau SA (OTCMKTS:REMYY) hit a new 52-week low during trading on Wednesday . The company traded as low as $6.70 and last traded at $6.70, with a volume of 33285 shares changing hands. The stock had previously closed at $6.84.

Wall Street Analyst Weigh In

Separately, BNP Paribas lowered shares of Rémy Cointreau from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 10th.

Rémy Cointreau Stock Performance

The firm’s 50 day moving average price is $7.68 and its 200-day moving average price is $8.84. 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 declared a dividend, which will be paid on Wednesday, October 16th. Shareholders of record on Tuesday, July 23rd will be given a $0.2149 dividend. The ex-dividend date is Tuesday, July 23rd.

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.