Avolta (OTCMKTS:DUFRY) Shares Gap Down – Here’s Why

Avolta AG – Unsponsored ADR (OTCMKTS:DUFRY)’s stock price gapped down prior to trading on Monday . The stock had previously closed at $6.6640, but opened at $6.0190. Avolta shares last traded at $6.05, with a volume of 2,494 shares changing hands.

Analysts Set New Price Targets

Separately, UBS Group raised Avolta from a “hold” rating to a “buy” rating in a research report on Tuesday, February 17th. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Strong Buy”.

Avolta Stock Performance

The stock has a 50 day moving average price of $6.13 and a two-hundred day moving average price of $5.72. The company has a debt-to-equity ratio of 1.85, a quick ratio of 0.44 and a current ratio of 0.76.

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.