Davide Campari-Milano (OTCMKTS:DVDCY) Shares Climb 5.5% – Here’s What Happened

Davide Campari-Milano S.p.A. (OTCMKTS:DVDCY – Get Free Report) rose 5.5% during mid-day trading on Wednesday. The company traded as high as $9.85 and last traded at $9.85. Approximately 3,900 shares were traded during mid-day trading, an increase of 36% from the average session volume of 2,876 shares. The stock had previously closed at $9.34.

Davide Campari-Milano Trading Up 5.5%

The firm’s 50-day moving average is $9.85 and its 200 day moving average is $9.85. The company has a current ratio of 1.49, a quick ratio of 0.95 and a debt-to-equity ratio of 0.15. The firm has a market capitalization of $11.34 billion, a price-to-earnings ratio of 37.88 and a beta of 0.95.

Davide Campari-Milano Company Profile

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Davide Campari-Milano N.V., which operates as Campari Group, is an Italy-based company that produces and markets alcoholic beverages. Founded in 1860 by Gaspare Campari, the company has grown from its namesake aperitif business into an international spirits group. Its portfolio includes aperitifs, liqueurs, bitters, whiskey, rum, tequila, vodka and cognac. Its brands include Campari, Aperol, SKYY Vodka, Wild Turkey, Appleton Estate, Grand Marnier and Espolòn. Campari Group sells its products in markets around the world through a combination of owned distribution operations and third-party partners.

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