Avolta (OTCMKTS:DUFRY) Shares Down 0.7% - What's Next?

Key Points

• Avolta AG's shares fell by 0.7% to $5.56, with a notable decline in trading volume, dropping 56% from the average session rate.
• BNP Paribas upgraded Avolta's stock rating from "hold" to "strong-buy", indicating positive market sentiment among analysts.
• The company's key retail brands include Dufry, World Duty Free, and Hudson, positioning it as a major player in the travel retail market.

Avolta AG - Unsponsored ADR (OTCMKTS:DUFRY - Get Free Report) traded down 0.7% on Wednesday . The company traded as low as $5.55 and last traded at $5.56. 19,308 shares were traded during trading, a decline of 56% from the average session volume of 43,899 shares. The stock had previously closed at $5.60.

Analysts Set New Price Targets

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

Avolta Stock Down 0.7%

The company's 50-day moving average is $5.49 and its two-hundred day moving average is $5.01. The company has a current ratio of 0.69, a quick ratio of 0.37 and a debt-to-equity ratio of 1.29.

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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