Campari Group (OTCMKTS:DVDCF) Shares Gap Down – What’s Next?

Campari Group (OTCMKTS:DVDCF) shares gapped down prior to trading on Monday . The stock had previously closed at $6.68, but opened at $6.35. Campari Group shares last traded at $6.35, with a volume of 20,500 shares traded.

Analyst Ratings Changes

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

Campari Group Price Performance

The business’s 50-day moving average price is $7.15 and its 200 day moving average price is $7.02. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.22 and a quick ratio of 0.93.

About Campari Group

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.