Avolta (OTCMKTS:DUFRY) Sees Strong Trading Volume – Time to Buy?

Shares of Avolta AG – Unsponsored ADR (OTCMKTS:DUFRY) saw unusually-high trading volume on Friday. 123,887 shares traded hands during trading, an increase of 82% from the previous session’s volume of 68,005 shares. The stock last traded at $5.28 and had previously closed at $5.4173.

Wall Street Analyst Weigh In

Separately, Citigroup assumed coverage on shares of Avolta in a research note on Monday. They issued a “buy” rating for the company. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, Avolta has a consensus rating of “Moderate Buy”.

Avolta Stock Performance

The company has a current ratio of 0.73, a quick ratio of 0.42 and a debt-to-equity ratio of 1.90. The business’s fifty day simple moving average is $5.36 and its 200 day simple moving average is $5.84.

About Avolta

Avolta AG, formerly known as Dufry AG, is a global travel-retail operator serving passengers at airports, cruise ports, border crossings, railway stations and other travel locations. The company operates both duty-free and duty-paid stores, as well as food and beverage outlets and other hospitality concepts.

Its retail offering includes fragrances and cosmetics, wines and spirits, tobacco products, confectionery, fashion and accessories, electronics, souvenirs and locally sourced merchandise.