Campari Group (OTCMKTS:DVDCF) Hits New 12-Month High – Time to Buy?

Shares of Campari Group (OTCMKTS:DVDCF) hit a new 52-week high on Tuesday . The stock traded as high as $214,748.3647 and last traded at $214,748.3647, with a volume of 35000 shares traded. The stock had previously closed at $6.70.

Analyst Ratings Changes

Separately, Barclays upgraded shares of Campari Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, December 2nd. Two equities research analysts have rated the stock with a Strong Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, Campari Group presently has a consensus rating of “Moderate Buy”.

Campari Group Stock Performance

The stock has a 50 day simple moving average of $6.64 and a two-hundred day simple moving average of $6.90. The company has a quick ratio of 0.89, a current ratio of 2.32 and a debt-to-equity ratio of 0.62.

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.