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Campari Group (OTCMKTS:DVDCF) Sees Strong Trading Volume - Time to Buy?

Campari Group logo with Consumer Staples background

Key Points

  • Campari Group experienced a significant increase in trading volume, with 170,400 shares traded—up 1,227% from the previous day.
  • The stock was upgraded by Royal Bank of Canada from a "strong sell" to a "hold" rating, with a current consensus rating of "Moderate Buy" among analysts.
  • As of the latest trading session, Campari's stock price rose to $6.72 from a previous close of $6.25.
  • Five stocks to consider instead of Campari Group.

Shares of Campari Group (OTCMKTS:DVDCF - Get Free Report) saw strong trading volume on Thursday . 170,400 shares were traded during trading, an increase of 1,227% from the previous session's volume of 12,837 shares.The stock last traded at $6.72 and had previously closed at $6.25.

Analyst Upgrades and Downgrades

Separately, Royal Bank Of Canada upgraded Campari Group from a "strong sell" rating to a "hold" rating in a research note on Monday, September 15th. One equities research analyst has 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.com, the stock currently has a consensus rating of "Moderate Buy".

Check Out Our Latest Research Report on Campari Group

Campari Group Stock Performance

The company has a 50-day moving average of $7.06 and a 200 day moving average of $6.77.

About Campari Group

(Get Free Report)

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.

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