Campari Group (OTCMKTS:DVDCF) Hits New 12-Month Low – Here’s Why

Campari Group (OTCMKTS:DVDCF)’s stock price reached a new 52-week low on Tuesday . The company traded as low as $6.10 and last traded at $6.36, with a volume of 16127 shares changing hands. The stock had previously closed at $6.49.

Analyst Ratings Changes

Separately, Zacks Research raised shares of 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 issued a Hold rating to the company’s stock. Based on data from MarketBeat, Campari Group currently has an average rating of “Moderate Buy”.

Campari Group Price Performance

The business’s 50-day simple moving average is $7.10 and its two-hundred day simple moving average is $7.01. The company has a current ratio of 2.22, a quick ratio of 0.93 and a debt-to-equity ratio of 0.57.

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.