Campari Group (OTCMKTS:DVDCF) Trading 6.2% Higher - Should You Buy?

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.

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

Analyst Upgrades and Downgrades

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

Campari Group Stock Performance

The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.99 and a current ratio of 2.37. The firm's 50 day moving average is $6.90 and its 200 day moving average is $6.40.

Campari Group Company Profile

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.