Avolta (OTCMKTS:DUFRY) Shares Gap Up – Should You Buy?

Avolta AG – Unsponsored ADR (OTCMKTS:DUFRY)’s share price gapped up before the market opened on Wednesday . The stock had previously closed at $6.32, but opened at $6.58. Avolta shares last traded at $6.59, with a volume of 5,212 shares changing hands.

Analysts Set New Price Targets

Separately, UBS Group downgraded Avolta from a “buy” rating to a “neutral” rating in a research note on Tuesday, April 28th. One analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Buy”.

Avolta Price Performance

The business has a 50-day simple moving average of $6.00 and a 200 day simple moving average of $6.04. The company has a debt-to-equity ratio of 1.47, a current ratio of 0.68 and a quick ratio of 0.38.

Avolta Company Profile

Avolta AG operates as a travel retailer. The company’s retail brands include general travel retail shops under the Dufry, World Duty Free, Nuance, Hellenic Duty Free, Zurich Duty-Free or Stockholm Duty-Free, Autogrill, and HMSHost brands; Dufry shopping stores; brand boutiques; convenience stores primarily under the Hudson brand; and specialized shops and theme stores. It offers perfumes and cosmetics, food and confectionery, wines and spirits, watches and jewelry, fashion and leather, tobacco goods, souvenirs, electronics, soft drinks, packaged food, travel accessories, personal items, sunglasses, destination, and other products, as well as newspapers, magazines, and books.