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

Avolta AG – Unsponsored ADR (OTCMKTS:DUFRY) gapped down before the market opened 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.

Wall Street Analysts Forecast Growth

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

Avolta Stock Down 3.1%

The company has a current ratio of 0.76, a quick ratio of 0.44 and a debt-to-equity ratio of 1.85. The stock’s 50-day moving average is $6.13 and its 200-day moving average is $5.72.

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.