Campari Group (OTCMKTS:DVDCF) Sees Large Volume Increase – Here’s What Happened

Shares of Campari Group (OTCMKTS:DVDCF) saw strong trading volume on Monday . 29,717 shares were traded during trading, an increase of 814% from the previous session’s volume of 3,250 shares.The stock last traded at $6.6790 and had previously closed at $6.55.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on DVDCF. Barclays upgraded shares of Campari Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, December 2nd. Royal Bank Of Canada raised Campari Group from a “strong sell” rating to a “hold” rating in a report on Monday, September 15th. Two equities research analysts have rated the stock with a Strong Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

Campari Group Stock Up 4.9%

The business has a fifty day moving average of $6.63 and a 200 day moving average of $6.90. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.89 and a current ratio of 2.32.

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.