Avolta (OTCMKTS:DUFRY) Shares Gap Up – Time to Buy?

Avolta AG – Unsponsored ADR (OTCMKTS:DUFRY – Get Free Report) shares gapped up prior to trading 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 traded.

Analysts Set New Price Targets

Separately, Citigroup assumed coverage on Avolta in a research note on Monday, October 19th. They set 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’s stock. According to MarketBeat, Avolta presently has a consensus rating of “Moderate Buy”.

Get Our Latest Stock Report on DUFRY

Avolta Trading Up 6.1%

The company has a fifty day simple moving average of $5.33 and a 200-day simple moving average of $5.90. The company has a debt-to-equity ratio of 1.90, a current ratio of 0.73 and a quick ratio of 0.42.

Avolta Company Profile

(Get Free Report)

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.

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