Campari Group (OTCMKTS:DVDCF) Shares Up 4.4% – Still a Buy?

Campari Group (OTCMKTS:DVDCF)’s stock price rose 4.4% during mid-day trading on Friday . The company traded as high as $7.15 and last traded at $7.15. Approximately 600 shares changed hands during trading, a decline of 93% from the average daily volume of 8,939 shares. The stock had previously closed at $6.85.

Analysts Set New Price Targets

Separately, Barclays upgraded Campari Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, December 2nd. Two research analysts have rated the stock with a Strong Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy”.

Campari Group Trading Up 4.4%

The company has a quick ratio of 0.89, a current ratio of 2.32 and a debt-to-equity ratio of 0.62. The business’s 50 day simple moving average is $7.30 and its 200 day simple moving average is $6.87.

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.