Campari Group (OTCMKTS:DVDCF) Shares Gap Up – Still a Buy?

Campari Group (OTCMKTS:DVDCF)’s share price gapped up prior to trading on Friday . The stock had previously closed at $6.3401, but opened at $6.70. Campari Group shares last traded at $6.70, with a volume of 100 shares traded.

Analysts Set New Price Targets

DVDCF has been the topic of several recent analyst reports. Royal Bank Of Canada raised Campari Group from a “strong sell” rating to a “hold” rating in a research report on Monday, September 15th. Barclays upgraded Campari Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, December 2nd. Two investment analysts have rated the stock with a Strong Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

Campari Group Trading Up 5.7%

The company has a quick ratio of 0.89, a current ratio of 2.32 and a debt-to-equity ratio of 0.62. The business has a fifty day moving average price of $6.63 and a two-hundred day moving average price of $6.89.

About Campari Group

Campari Group is an Italian-based global beverage company specializing in the production, marketing and distribution of premium spirits and wines. Founded in Milan in 1860 by Gaspare Campari, the company has built a diversified portfolio of iconic brands that span various categories, including aperitifs, liqueurs, vodka, whiskey, rum, gin and ready-to-drink (RTD) cocktails.

The company’s flagship product, Campari, is a bright red, bittersweet aperitif known for its distinctive taste and versatility in classic cocktails such as the Negroni and Americano.