Campari Group (OTCMKTS:DVDCF) Shares Gap Down – Should You Sell?

Shares of Campari Group (OTCMKTS:DVDCF) gapped down prior to trading on Tuesday . The stock had previously closed at $7.90, but opened at $7.60. Campari Group shares last traded at $7.60, with a volume of 1,600 shares trading hands.

Analysts Set New Price Targets

Separately, Zacks Research upgraded shares of Campari Group to a “hold” rating in a report on Friday, April 17th. One research analyst has rated the stock with a Strong Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy”.

Campari Group Stock Performance

The stock’s fifty day moving average is $7.42 and its two-hundred day moving average is $6.97. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.22 and a quick ratio of 0.93.

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.