Campari Group (OTCMKTS:DVDCF) Sees Strong Trading Volume – Here’s What Happened

Campari Group (OTCMKTS:DVDCF) saw strong trading volume on Tuesday . 14,330 shares traded hands during mid-day trading, an increase of 76% from the previous session’s volume of 8,150 shares.The stock last traded at $7.22 and had previously closed at $7.21.

Analyst Upgrades and Downgrades

Separately, Barclays raised Campari Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, December 2nd. Two research analysts have rated the stock with a Strong Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy”.

Campari Group Stock Up 6.2%

The company has a 50 day moving average of $6.66 and a 200 day moving average of $6.90. The company has a current ratio of 2.32, a quick ratio of 0.89 and a debt-to-equity ratio of 0.62.

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.