Campari Group (OTCMKTS:DVDCF) Stock Price Up 4.4% – What’s Next?

Campari Group (OTCMKTS:DVDCF) shot up 4.4% during trading on Friday . The company traded as high as $7.15 and last traded at $7.15. 600 shares changed hands during mid-day trading, a decline of 93% from the average session volume of 8,939 shares. The stock had previously closed at $6.85.

Analysts Set New Price Targets

Separately, Barclays upgraded shares of Campari Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, December 2nd. Two investment analysts have rated the stock with a Strong Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Buy”.

Campari Group Price Performance

The stock has a 50-day moving average price of $7.29 and a 200 day moving average price of $6.88. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.89 and a current ratio of 2.32.

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.