Avolta (OTCMKTS:DUFRY) Sets New 52-Week High – Here’s What Happened

Avolta AG – Unsponsored ADR (OTCMKTS:DUFRY)’s stock price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $6.7902 and last traded at $6.77, with a volume of 77280 shares trading hands. The stock had previously closed at $6.3420.

Wall Street Analysts Forecast Growth

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

Avolta Stock Up 2.9%

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

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.