Avolta (OTCMKTS:DUFRY) Shares Gap Up – Should You Buy?

Shares of Avolta AG – Unsponsored ADR (OTCMKTS:DUFRY) gapped up prior to trading on Tuesday . The stock had previously closed at $5.68, but opened at $5.98. Avolta shares last traded at $5.98, with a volume of 506 shares trading hands.

Analyst Ratings Changes

Separately, UBS Group downgraded Avolta from a “buy” rating to a “neutral” rating in a report on Tuesday, April 28th. One analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy”.

Avolta Trading Up 3.6%

The company has a current ratio of 0.68, a quick ratio of 0.38 and a debt-to-equity ratio of 1.47. The company’s 50 day moving average is $6.16 and its 200-day moving average is $6.10.

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.