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Avolta (OTCMKTS:DUFRY) Shares Gap Up - Time to Buy?

Avolta logo with Consumer Discretionary background
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Key Points

  • Avolta (OTCMKTS:DUFRY) stock gapped up pre-market, opening at $5.90 after a $5.35 close and last trading at $5.86 on light volume (6,414 shares).
  • UBS downgraded the shares from "buy" to "neutral" on April 28, though MarketBeat shows a consensus "Buy" made up of one Strong Buy and one Hold.
  • Technicals and liquidity raise caution: the 50-day SMA is $6.08 vs. the 200-day SMA $5.87, and the company shows leverage and weak short-term liquidity (debt-to-equity 1.47, current ratio 0.68, quick ratio 0.38).
  • MarketBeat previews the top five stocks to own by June 1st.

Avolta AG - Unsponsored ADR (OTCMKTS:DUFRY - Get Free Report)'s stock price gapped up prior to trading on Wednesday . The stock had previously closed at $5.35, but opened at $5.90. Avolta shares last traded at $5.86, with a volume of 6,414 shares changing hands.

Wall Street Analyst Weigh In

Separately, UBS Group lowered Avolta from a "buy" rating to a "neutral" rating in a research report on Tuesday, April 28th. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Buy".

Get Our Latest Stock Analysis on Avolta

Avolta Stock Performance

The firm has a 50-day simple moving average of $6.08 and a 200 day simple moving average of $5.87. The company has a debt-to-equity ratio of 1.47, a current ratio of 0.68 and a quick ratio of 0.38.

Avolta Company Profile

(Get Free Report)

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.

Further Reading

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