Avolta (OTCMKTS:DUFRY) Shares Down 0.4% - What's Next?

Key Points

• Avolta AG's stock experienced a decline of 0.4%, trading between $5.33 and $5.36 with significantly lower trading volume of 55,853 shares compared to the average of 428,516 shares.
• BNP Paribas upgraded Avolta from a "hold" rating to a "strong-buy" rating, indicating strong positive sentiment around the stock, which has a consensus rating of "Strong Buy" from analysts.
• Avolta operates as a travel retailer with various brands, including Dufry and World Duty Free, positioning itself strategically within the recovering travel sector.

Avolta AG - Unsponsored ADR (OTCMKTS:DUFRY - Get Free Report)'s stock price was down 0.4% during trading on Wednesday . The company traded as low as $5.33 and last traded at $5.36. Approximately 55,853 shares changed hands during trading, a decline of 87% from the average daily volume of 428,516 shares. The stock had previously closed at $5.38.

Wall Street Analyst Weigh In

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

Avolta Stock Down 0.4%

The business's 50-day moving average is $5.54 and its 200-day moving average is $5.14. The company has a current ratio of 0.76, a quick ratio of 0.44 and a debt-to-equity ratio of 1.85.

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.

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