Campari Group (OTCMKTS:DVDCF) Sees Strong Trading Volume - Here's What Happened

Key Points

• Campari Group experienced a significant increase in trading volume, with approximately 78,000 shares traded, representing a 457% rise from the previous session.
• Analysts have mixed views on Campari Group, with a consensus rating of "Hold", which includes one Strong Buy, two Hold, and one Sell rating.
• The company boasts healthy financial ratios, including a current ratio of 2.37 and a debt-to-equity ratio of 0.65, indicating solid liquidity and moderate leverage.

Shares of Campari Group (OTCMKTS:DVDCF - Get Free Report) saw strong trading volume on Tuesday . 78,000 shares were traded during mid-day trading, an increase of 457% from the previous session's volume of 14,001 shares.The stock last traded at $7.90 and had previously closed at $7.74.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft restated a "hold" rating on shares of Campari Group in a research note on Monday, May 12th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of "Hold".

Campari Group Price Performance

The company has a current ratio of 2.37, a quick ratio of 0.99 and a debt-to-equity ratio of 0.65. The firm's 50 day simple moving average is $7.21 and its two-hundred day simple moving average is $6.58.

About Campari Group

Davide Campari-Milano N.V., together with its subsidiaries, markets and distributes alcoholic and non-alcoholic beverages in the Americas, the Middle East, Africa, Europe, and the Asia-Pacific. It offers a range of spirits categories, including aperitif, vodka, liqueurs, whisky, tequila, rum, Sparkling wine, mezcal, champagne, gin, and cognac, as well as ready to drink and non-alcoholic aperitif under the Aperol, Campari, SKYY, Wild Turkey, Grand Marnier, Jamaican Rums, Espolòn, Sparkling Wine&Vermouth, Crodino, The GlenGrant, Magnum Tonic Wine, Montelobos, Ancho Reyes, Lallier, Forty Creek, X-Rated, and other brands.