Campari Group (OTCMKTS:DVDCF) Shares Gap Up – Still a Buy?

Campari Group (OTCMKTS:DVDCF)’s share price gapped up before the market opened on Monday . The stock had previously closed at $6.30, but opened at $6.80. Campari Group shares last traded at $6.80, with a volume of 1,200 shares changing hands.

Analyst Upgrades and Downgrades

Separately, 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. One analyst has 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 stock has a consensus rating of “Moderate Buy”.

Campari Group Stock Up 7.9%

The business has a fifty day simple moving average of $6.55 and a 200 day simple moving average of $6.86.

About Campari Group

Davide Campari-Milano N.V., together with its subsidiaries, markets and distributes alcoholic and non-alcoholic beverages in the Americas, the Middle East, Africa, Europe, and the Asia-Pacific. It offers a range of spirits categories, including aperitif, vodka, liqueurs, whisky, tequila, rum, Sparkling wine, mezcal, champagne, gin, and cognac, as well as ready to drink and non-alcoholic aperitif under the Aperol, Campari, SKYY, Wild Turkey, Grand Marnier, Jamaican Rums, Espolòn, Sparkling Wine&Vermouth, Crodino, The GlenGrant, Magnum Tonic Wine, Montelobos, Ancho Reyes, Lallier, Forty Creek, X-Rated, and other brands.