Campari Group (OTCMKTS:DVDCF) Shares Gap Up - What's Next?

Key Points

• Campari Group (OTCMKTS:DVDCF) shares gapped up from a prior close of $6.25 to open at $6.73, indicating increased investor interest.
• The company's stock rating was upgraded from "strong sell" to "hold" by the Royal Bank of Canada, contributing to a consensus rating of "Moderate Buy".
• Campari Group has a 50-day moving average price of $6.96, slightly down from the 200-day moving average of $6.80, suggesting a potential shift in momentum.

Campari Group (OTCMKTS:DVDCF - Get Free Report) shares gapped up prior to trading on Thursday . The stock had previously closed at $6.25, but opened at $6.73. Campari Group shares last traded at $6.73, with a volume of 895 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Royal Bank Of Canada raised Campari Group from a "strong sell" rating to a "hold" rating in a research report 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 stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy".

Campari Group Trading Down 0.7%

The company has a 50 day moving average price of $6.96 and a 200 day moving average price of $6.80.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.