Campari Group (OTCMKTS:DVDCF) Shares Gap Up – What’s Next?

Campari Group (OTCMKTS:DVDCF)’s share price gapped up before the market opened on Monday . The stock had previously closed at $6.67, but opened at $7.00. Campari Group shares last traded at $7.00, with a volume of 3,500 shares traded.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded Campari Group to a “hold” rating in a report on Friday, April 17th. One equities research analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, Campari Group currently has a consensus rating of “Moderate Buy”.

Campari Group Stock Up 5.7%

The business’s 50 day moving average is $6.34 and its 200-day moving average is $6.89. The company has a quick ratio of 0.93, a current ratio of 2.22 and a debt-to-equity ratio of 0.57.

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.