Avolta (OTCMKTS:DUFRY) Shares Gap Up – Still a Buy?

Shares of Avolta AG – Unsponsored ADR (OTCMKTS:DUFRY) gapped up prior to trading on Wednesday . The stock had previously closed at $5.81, but opened at $6.0201. Avolta shares last traded at $6.1363, with a volume of 30,639 shares changing hands.

Analyst Ratings Changes

Separately, UBS Group raised shares of Avolta from a “hold” rating to a “buy” rating in a research report on Tuesday, February 17th. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Strong Buy”.

Avolta Stock Up 4.0%

The firm’s 50-day moving average price is $6.13 and its 200-day moving average price is $5.73. The company has a quick ratio of 0.44, a current ratio of 0.76 and a debt-to-equity ratio of 1.85.

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.