Campari Group (OTCMKTS:DVDCF) Shares Gap Up – Here’s What Happened

Shares of Campari Group (OTCMKTS:DVDCF) gapped up before the market opened on Wednesday. The stock had previously closed at $6.77, but opened at $7.15. Campari Group shares last traded at $7.15, with a volume of 7,100 shares changing hands.

Analyst Ratings Changes

Separately, UBS Group raised Campari Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, September 14th. Two research analysts have rated the stock with a Strong Buy rating and one has given a Hold rating to the company. According to MarketBeat, Campari Group presently has an average rating of “Buy”.

Campari Group Trading Up 4.0%

The firm has a 50-day simple moving average of $6.83 and a 200 day simple moving average of $6.72.

About Campari Group

Campari Group, officially Davide Campari-Milano N.V., is an Italy-based global beverage company that produces and markets premium spirits, aperitifs, cocktails and wines. Its portfolio includes internationally recognized brands such as Aperol, Campari, SKYY Vodka, Wild Turkey, Grand Marnier, Espolòn Tequila, Appleton Estate and Wray & Nephew.

The company traces its origins to 1860, when Gaspare Campari created the original Campari aperitif in Milan. Over time, Campari Group expanded through brand development and acquisitions, building a diversified portfolio across aperitifs, tequila, rum, bourbon, vodka, cognac and sparkling wines.

Campari Group is headquartered in Sesto San Giovanni, near Milan, Italy, and serves markets across Europe, North America, Latin America, Asia-Pacific and other international regions.