Davide Campari-Milano (OTCMKTS:DVDCY) Shares Climb 5.5% – Here’s Why

Davide Campari-Milano S.p.A. (OTCMKTS:DVDCY)’s stock price was up 5.5% during mid-day trading on Wednesday. The company traded as high as $9.85 and last traded at $9.85. Approximately 3,900 shares traded hands during trading, an increase of 36% from the average session volume of 2,876 shares. The stock had previously closed at $9.34.

Davide Campari-Milano Stock Performance

The company has a market cap of $11.34 billion, a price-to-earnings ratio of 37.88 and a beta of 0.95. The firm has a 50-day simple moving average of $9.85 and a 200 day simple moving average of $9.85. The company has a quick ratio of 0.95, a current ratio of 1.49 and a debt-to-equity ratio of 0.15.

About Davide Campari-Milano

Davide Campari-Milano N.V., which operates as Campari Group, is an Italy-based company that produces and markets alcoholic beverages. Founded in 1860 by Gaspare Campari, the company has grown from its namesake aperitif business into an international spirits group. Its portfolio includes aperitifs, liqueurs, bitters, whiskey, rum, tequila, vodka and cognac. Its brands include Campari, Aperol, SKYY Vodka, Wild Turkey, Appleton Estate, Grand Marnier and Espolòn. Campari Group sells its products in markets around the world through a combination of owned distribution operations and third-party partners.