Campari Group (OTCMKTS:DVDCF) Stock Price Down 5% – What’s Next?

Campari Group (OTCMKTS:DVDCF) was down 5% during trading on Friday . The stock traded as low as $6.40 and last traded at $6.40. Approximately 1,947 shares traded hands during trading, a decline of 85% from the average daily volume of 12,947 shares. The stock had previously closed at $6.7356.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the company. Royal Bank Of Canada raised Campari Group from a “strong sell” rating to a “hold” rating in a research note on Monday, September 15th. Barclays raised shares of Campari Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, December 2nd. Two investment analysts have 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 stock presently has a consensus rating of “Moderate Buy”.

Campari Group Price Performance

The company has a debt-to-equity ratio of 0.62, a current ratio of 2.32 and a quick ratio of 0.89. The firm has a 50 day moving average of $6.64 and a 200-day moving average of $6.90.

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.