Campari Group (OTCMKTS:DVDCF) Shares Down 3.4% - Should You Sell?

Key Points

• Campari Group's shares fell by 3.4% to $6.26 during trading on Monday, with trading volume increasing by 14% compared to its average.
• The stock has received a recent upgrade from Royal Bank of Canada, moving from a "strong sell" to a "hold" rating, and currently holds a consensus rating of "Moderate Buy."
• Campari Group operates globally, distributing a variety of alcoholic and non-alcoholic beverages, including well-known brands like Aperol, Campari, and Wild Turkey.

Shares of Campari Group (OTCMKTS:DVDCF - Get Free Report) dropped 3.4% on Monday . The stock traded as low as $6.26 and last traded at $6.26. Approximately 14,698 shares were traded during mid-day trading, an increase of 14% from the average daily volume of 12,941 shares. The stock had previously closed at $6.48.

Wall Street Analyst Weigh In

Separately, Royal Bank Of Canada upgraded Campari Group from a "strong sell" rating to a "hold" rating in a report on Monday, September 15th. One research analyst has rated the stock with a Strong Buy rating and three have given a Hold rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy".

Campari Group Stock Down 3.5%

The firm has a 50 day moving average price of $7.13 and a 200-day moving average price of $6.78.

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.

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