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Campari Group (OTCMKTS:DVDCF) Shares Gap Up - Here's Why

Campari Group logo with Consumer Staples background

Campari Group (OTCMKTS:DVDCF - Get Free Report)'s share price gapped up prior to trading on Friday . The stock had previously closed at $6.43, but opened at $6.74. Campari Group shares last traded at $6.61, with a volume of 700 shares changing hands.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. Royal Bank Of Canada reissued an "underperform" rating on shares of Campari Group in a report on Friday, March 7th. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating on shares of Campari Group in a research note on Monday, May 12th. UBS Group downgraded Campari Group from a "strong-buy" rating to a "hold" rating in a research note on Thursday, March 6th. Finally, Berenberg Bank raised Campari Group to a "strong-buy" rating in a report on Wednesday, April 2nd.

Read Our Latest Report on Campari Group

Campari Group Stock Performance

The company's 50 day simple moving average is $6.46 and its 200-day simple moving average is $6.18. The company has a quick ratio of 0.99, a current ratio of 2.37 and a debt-to-equity ratio of 0.65.

Campari Group Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Thursday, April 24th. Investors of record on Wednesday, April 23rd were given a $0.065 dividend. The ex-dividend date was Tuesday, April 22nd. This represents a dividend yield of 1.18%.

Campari Group Company Profile

(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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