Campari Group (OTCMKTS:DVDCF) Shares Gap Up – Here’s Why

Campari Group (OTCMKTS:DVDCF) gapped up before the market opened on Thursday . The stock had previously closed at $7.10, but opened at $7.50. Campari Group shares last traded at $7.30, with a volume of 3,897 shares trading hands.

Analyst Upgrades and Downgrades

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

Campari Group Stock Performance

The stock’s fifty day moving average is $7.16 and its two-hundred day moving average is $6.92. The company has a debt-to-equity ratio of 0.62, a current ratio of 2.32 and a quick ratio of 0.89.

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.