Davide Campari-Milano (OTCMKTS:DVDCY) Shares Break Above 50-Day Moving Average – Here’s What Happened

Davide Campari-Milano S.p.A. (OTCMKTS:DVDCY – Get Free Report)’s share price crossed above its fifty day moving average during trading on Friday. The stock has a fifty day moving average of $9.85 and traded as high as $9.85. Davide Campari-Milano shares last traded at $9.85, with a volume of 3,900 shares trading hands.

Davide Campari-Milano Stock Up 5.5%

The firm’s 50 day moving average price is $9.85 and its 200-day moving average price is $9.85. The company has a current ratio of 1.49, a quick ratio of 0.95 and a debt-to-equity ratio of 0.15. The company has a market cap of $11.34 billion, a P/E ratio of 37.88 and a beta of 0.95.

Davide Campari-Milano Company Profile

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Davide Campari-Milano N.V., formerly known as Gruppo Campari, is an Italian beverage company that produces and markets spirits, aperitifs, liqueurs, cocktails and wines. Its portfolio includes internationally recognized brands such as Campari, Aperol, SKYY Vodka, Wild Turkey, Espolòn, Grand Marnier and Appleton Estate.

The company traces its origins to 1860, when Gaspare Campari created the aperitif that bears the Campari name. Over time, Davide Campari-Milano has expanded through brand development and acquisitions, building a diversified portfolio across the premium and luxury beverage categories.

Davide Campari-Milano sells its products in more than 190 countries through a combination of owned operations, distributors and commercial partners.

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