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

Campari Group (OTCMKTS:DVDCF)’s stock price gapped up prior to trading 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 traded.

Analyst Upgrades and Downgrades

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 three have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

Campari Group Stock Up 2.8%

The company has a fifty day moving average price of $7.16 and a two-hundred day moving average price of $6.92. 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.