Campari Group (OTCMKTS:DVDCF) Shares Up 9.1% – What’s Next?

Campari Group (OTCMKTS:DVDCF) rose 9.1% during mid-day trading on Monday. The stock traded as high as $7.4985 and last traded at $7.4985. 7,625 shares were traded during mid-day trading, an increase of 2% from the average session volume of 7,474 shares. The stock had previously closed at $6.8750.

Wall Street Analyst Weigh In

Separately, UBS Group upgraded Campari Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, September 14th. Two analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Buy”.

Campari Group Stock Down 1.3%

The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.09 and a current ratio of 2.58. The business’s 50 day simple moving average is $6.88 and its 200 day simple moving average is $6.73.

Campari Group Company Profile

Campari Group, formally Davide Campari-Milano N.V., is a global beverage company focused on premium spirits, wines and non-alcoholic aperitifs. Its portfolio includes internationally recognized brands such as Aperol, Campari, SKYY Vodka, Wild Turkey, Grand Marnier, Espolòn, Cynar, Cinzano, Crodino and The GlenGrant.

The company’s products span aperitifs, tequila, vodka, bourbon and other whiskies, cognac, sparkling wines, vermouth and specialty beverages. Campari Group markets and distributes its brands through a combination of owned production facilities, subsidiaries and commercial partnerships, serving consumers and hospitality customers across numerous international markets.

The business traces its origins to 1860, when Gaspare Campari created the bitter aperitif that became the company’s namesake.