Campari Group (OTCMKTS:DVDCF) Shares Down 5% – Time to Sell?

Campari Group (OTCMKTS:DVDCF) dropped 5% on Friday . The stock traded as low as $6.40 and last traded at $6.40. Approximately 1,947 shares traded hands during mid-day trading, a decline of 85% from the average daily volume of 12,947 shares. The stock had previously closed at $6.7356.

Analyst Upgrades and Downgrades

DVDCF has been the subject of a number of analyst reports. Barclays upgraded Campari Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, December 2nd. Royal Bank Of Canada upgraded shares of Campari Group from a “strong sell” rating to a “hold” rating in a report on Monday, September 15th. Two research analysts have rated the stock with a Strong Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

Campari Group Stock Performance

The company’s fifty day simple moving average is $6.64 and its 200 day simple moving average is $6.89. The company has a debt-to-equity ratio of 0.62, a current ratio of 2.32 and a quick ratio of 0.89.

About Campari Group

Campari Group is an Italian-based global beverage company specializing in the production, marketing and distribution of premium spirits and wines. Founded in Milan in 1860 by Gaspare Campari, the company has built a diversified portfolio of iconic brands that span various categories, including aperitifs, liqueurs, vodka, whiskey, rum, gin and ready-to-drink (RTD) cocktails.

The company’s flagship product, Campari, is a bright red, bittersweet aperitif known for its distinctive taste and versatility in classic cocktails such as the Negroni and Americano.