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Campari Group (OTCMKTS:DVDCF) Trading Up 6.2% - Time to Buy?

Campari Group logo with Consumer Staples background

Key Points

  • Campari Group's stock rose by 6.2%, trading at $7.50, after previously closing at $7.06.
  • Deutsche Bank has restated a "hold" rating on Campari Group shares as of May 12th.
  • The company's debt-to-equity ratio stands at 0.65, indicating its financial leverage in the market.
  • MarketBeat previews the top five stocks to own by September 1st.

Campari Group (OTCMKTS:DVDCF - Get Free Report) was up 6.2% during trading on Friday . The company traded as high as $7.50 and last traded at $7.50. Approximately 1,000 shares were traded during mid-day trading, a decline of 97% from the average daily volume of 28,858 shares. The stock had previously closed at $7.06.

Analyst Upgrades and Downgrades

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

Read Our Latest Research Report on DVDCF

Campari Group Trading Up 6.2%

The company's fifty day moving average price is $6.86 and its two-hundred day moving average price is $6.36. 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 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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