BNP Paribas downgraded shares of Rémy Cointreau (OTCMKTS:REMYY – Free Report) from a strong-buy rating to a hold rating in a report released on Tuesday morning, Zacks.com reports.
Rémy Cointreau Price Performance
Shares of OTCMKTS REMYY opened at $6.92 on Tuesday. The company has a 50-day moving average price of $7.80 and a 200-day moving average price of $8.97. Rémy Cointreau has a 1 year low of $6.83 and a 1 year high of $13.99. 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 Cuts Dividend
The firm also recently disclosed a dividend, which will be paid on Wednesday, October 16th. Stockholders of record on Tuesday, July 23rd will be issued a dividend of $0.2149 per share. The ex-dividend date of this dividend 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.
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