Campari Group (OTCMKTS:DVDCF) Sees Strong Trading Volume – Here’s What Happened

Shares of Campari Group (OTCMKTS:DVDCF) saw unusually-high trading volume on Monday . Approximately 29,717 shares changed hands during mid-day trading, an increase of 814% from the previous session’s volume of 3,250 shares.The stock last traded at $6.6790 and had previously closed at $6.55.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on DVDCF shares. Barclays upgraded shares of Campari Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, December 2nd. Royal Bank Of Canada upgraded shares of Campari Group from a “strong sell” rating to a “hold” rating in a research report on Monday, September 15th. Two analysts have rated the stock with a Strong Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy”.

Campari Group Stock Performance

The company has a debt-to-equity ratio of 0.62, a current ratio of 2.32 and a quick ratio of 0.89. The business’s 50-day moving average is $6.63 and its 200 day moving average is $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.