Campari Group (OTCMKTS:DVDCF) Reaches New 52-Week High – What’s Next?

Campari Group (OTCMKTS:DVDCF)’s share price reached a new 52-week high during trading on Tuesday . The company traded as high as $214,748.3647 and last traded at $214,748.3647, with a volume of 35000 shares traded. The stock had previously closed at $6.70.

Wall Street Analyst Weigh In

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

Campari Group Price Performance

The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.89 and a current ratio of 2.32. The firm has a 50 day moving average price of $6.62 and a two-hundred day moving average price of $6.89.

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.