Campari Group (OTCMKTS:DVDCF) Reaches New 12-Month Low – Time to Sell?

Campari Group (OTCMKTS:DVDCF) hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $6.10 and last traded at $6.36, with a volume of 16127 shares trading hands. The stock had previously closed at $6.49.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded Campari Group to a “hold” rating in a research note on Friday, April 17th. One equities research analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

Campari Group Stock Up 0.2%

The company’s fifty day moving average price is $7.17 and its 200-day moving average price is $7.02. The company has a current ratio of 2.22, a quick ratio of 0.93 and a debt-to-equity ratio of 0.57.

Campari Group Company Profile

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.