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

Campari Group (OTCMKTS:DVDCF)’s share price gapped up prior to trading on Friday . The stock had previously closed at $6.22, but opened at $6.57. Campari Group shares last traded at $6.57, with a volume of 500 shares traded.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded Campari Group to a “hold” rating in a research report on Friday, April 17th. One analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

Campari Group Trading Up 5.6%

The company has a current ratio of 2.22, a quick ratio of 0.93 and a debt-to-equity ratio of 0.57. The business has a fifty day moving average of $6.31 and a 200-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.