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

Avolta AG – Unsponsored ADR (OTCMKTS:DUFRY)’s share price gapped up before the market opened on Thursday. The stock had previously closed at $5.41, but opened at $5.74. Avolta shares last traded at $5.76, with a volume of 11,692 shares.

Wall Street Analysts Forecast Growth

Separately, Citigroup assumed coverage on shares of Avolta in a research note on Monday, October 19th. They issued a “buy” rating on the stock. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy”.

Avolta Stock Performance

The company has a quick ratio of 0.42, a current ratio of 0.73 and a debt-to-equity ratio of 1.90. The firm has a fifty day simple moving average of $5.32 and a two-hundred day simple moving average of $5.90.

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.