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

Shares of Campari Group (OTCMKTS:DVDCF) gapped up before the market opened on Wednesday . The stock had previously closed at $7.30, but opened at $7.72. Campari Group shares last traded at $7.72, with a volume of 130 shares traded.

Analyst Upgrades and Downgrades

Separately, Barclays raised Campari Group from a “hold” rating to a “strong-buy” rating in a report 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. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

Campari Group Price Performance

The business’s fifty day moving average price is $7.11 and its 200 day moving average price is $6.94. The company has a quick ratio of 0.89, a current ratio of 2.32 and a debt-to-equity ratio of 0.62.

Campari Group Company Profile

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.