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

Avolta AG – Unsponsored ADR (OTCMKTS:DUFRY)’s stock price gapped up prior to trading 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 trading hands.

Wall Street Analysts Forecast Growth

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

Avolta Stock Performance

The company’s 50-day moving average is $6.00 and its 200-day moving average is $6.03. 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.