Avolta (OTCMKTS:DUFRY) Sets New 1-Year High - Here's Why

Key Points

• Avolta AG's share price reached a new 52-week high of $5.78 during trading, closing at $5.75 with a volume of 84,345 shares traded.
• Analysts have a consensus rating of "Strong Buy" for Avolta, with BNP Paribas upgrading it from a "hold" to a "strong-buy" rating.
• The company has a debt-to-equity ratio of 1.29, highlighting some financial leverage as it operates in the travel retail sector.

Avolta AG - Unsponsored ADR (OTCMKTS:DUFRY - Get Free Report) reached a new 52-week high during trading on Wednesday . The company traded as high as $5.78 and last traded at $5.75, with a volume of 84345 shares trading hands. The stock had previously closed at $5.69.

Analysts Set New Price Targets

Separately, BNP Paribas upgraded shares of Avolta from a "hold" rating to a "strong-buy" rating in a research note on Thursday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat, the stock currently has a consensus rating of "Strong Buy".

Avolta Stock Performance

The stock's fifty day simple moving average is $5.40 and its two-hundred day simple moving average is $4.92. The company has a current ratio of 0.69, a quick ratio of 0.37 and a debt-to-equity ratio of 1.29.

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.