Campari Group (OTCMKTS:DVDCF) Trading Down 8.9% – Should You Sell?

Campari Group (OTCMKTS:DVDCF) traded down 8.9% during mid-day trading on Friday . The company traded as low as $7.20 and last traded at $7.20. 3,500 shares traded hands during trading, a decline of 63% from the average session volume of 9,411 shares. The stock had previously closed at $7.90.

Analysts Set New Price Targets

Separately, Zacks Research upgraded shares of Campari Group to a “hold” rating in a research note on Friday, April 17th. One research analyst has rated the stock with a Strong Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

Campari Group Stock Down 3.9%

The business’s 50 day moving average price is $7.41 and its 200-day moving average price is $6.98. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.93 and a current ratio of 2.22.

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.