Campari Group (OTCMKTS:DVDCF) Sees Unusually-High Trading Volume – Time to Buy?

Campari Group (OTCMKTS:DVDCF) shares saw unusually-strong trading volume on Thursday . Approximately 35,000 shares were traded during trading, an increase of 434% from the previous session’s volume of 6,560 shares.The stock last traded at $6.60 and had previously closed at $6.65.

Wall Street Analysts Forecast Growth

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

Campari Group Stock Down 1.5%

The company has a quick ratio of 0.89, a current ratio of 2.32 and a debt-to-equity ratio of 0.62. The firm has a 50 day moving average of $6.63 and a two-hundred day moving average of $6.90.

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.