Avolta (OTCMKTS:DUFRY) Stock Breaks Above Two Hundred Day Moving Average – Here’s What Happened

Shares of Avolta AG – Unsponsored ADR (OTCMKTS:DUFRY) crossed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $5.90 and traded as high as $6.07. Avolta shares last traded at $6.0630, with a volume of 44,898 shares.

Analyst Ratings Changes

Several research analysts have recently issued reports on DUFRY shares. Citigroup assumed coverage on shares of Avolta in a research note on Monday, October 19th. They issued a “buy” rating on the stock. Royal Bank Of Canada downgraded shares of Avolta from a “moderate buy” rating to a “hold” rating in a research note on Monday. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Avolta Stock Performance

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

Avolta Company Profile

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.