Campari Group (OTCMKTS:DVDCF) Shares Gap Up - Time to Buy?

Key Points

• Campari Group's shares gapped up from a previous close of $7.06 to open at $7.50, with a trading volume of 1,000 shares.
• Deutsche Bank has reiterated a "hold" rating on Campari Group shares as of May 12th.
• The company has strong liquidity metrics, with a current ratio of 2.37 and a quick ratio of 0.99.

Shares of Campari Group (OTCMKTS:DVDCF - Get Free Report) gapped up prior to trading on Friday . The stock had previously closed at $7.06, but opened at $7.50. Campari Group shares last traded at $7.50, with a volume of 1,000 shares.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft restated a "hold" rating on shares of Campari Group in a report on Monday, May 12th.

Campari Group Trading Up 6.2%

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 stock's fifty day simple moving average is $6.86 and its 200-day simple moving average is $6.38.

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.