Campari Group (OTCMKTS:DVDCF) Sees Unusually-High Trading Volume – Here’s What Happened

Campari Group (OTCMKTS:DVDCF) saw an uptick in trading volume on Wednesday. Approximately 10,000 shares traded hands during trading, an increase of 34% from the average daily volume of 7,437 shares. The stock last traded at $7.10 and had previously closed at $7.40.

Analyst Upgrades and Downgrades

Separately, UBS Group raised Campari Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, September 14th. Two investment analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy”.

Campari Group Stock Performance

The company has a current ratio of 2.58, a quick ratio of 1.09 and a debt-to-equity ratio of 0.60. The business has a fifty day moving average price of $6.96 and a 200-day moving average price of $6.91.

About Campari Group

Campari Group, formally Davide Campari-Milano N.V., is a global beverage company focused on premium spirits, wines and non-alcoholic aperitifs. Its portfolio includes internationally recognized brands such as Aperol, Campari, SKYY Vodka, Wild Turkey, Grand Marnier, Espolòn, Cynar, Cinzano, Crodino and The GlenGrant.

The company’s products span aperitifs, tequila, vodka, bourbon and other whiskies, cognac, sparkling wines, vermouth and specialty beverages. Campari Group markets and distributes its brands through a combination of owned production facilities, subsidiaries and commercial partnerships, serving consumers and hospitality customers across numerous international markets.

The business traces its origins to 1860, when Gaspare Campari created the bitter aperitif that became the company’s namesake.