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

Shares of Avolta AG – Unsponsored ADR (OTCMKTS:DUFRY) gapped up before the market opened on Wednesday . The stock had previously closed at $6.2560, but opened at $6.72. Avolta shares last traded at $6.72, with a volume of 1,838 shares changing hands.

Wall Street Analyst Weigh In

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

Avolta Price Performance

The company has a current ratio of 0.76, a quick ratio of 0.44 and a debt-to-equity ratio of 1.85. The stock’s fifty day moving average is $6.01 and its two-hundred day moving average is $5.65.

About Avolta

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.