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Avolta (OTCMKTS:DUFRY) Trading 1.3% Higher - What's Next?

Avolta logo with Consumer Discretionary background

Key Points

  • Avolta AG shares experienced a modest increase of 1.3% during trading, closing at $5.56, despite a significant decline in trading volume.
  • BNP Paribas has upgraded Avolta from a "hold" rating to a "strong-buy" rating, indicating increased confidence in the stock.
  • The company announced a recent increase in dividend to $0.0939 per share, reflecting a substantial yield of 177.0%.
  • Five stocks to consider instead of Avolta.

Shares of Avolta AG - Unsponsored ADR (OTCMKTS:DUFRY - Get Free Report) were up 1.3% during trading on Wednesday . The stock traded as high as $5.58 and last traded at $5.56. Approximately 53,270 shares changed hands during mid-day trading, a decline of 77% from the average daily volume of 228,890 shares. The stock had previously closed at $5.49.

Analysts Set New Price Targets

Separately, BNP Paribas raised shares of Avolta from a "hold" rating to a "strong-buy" rating in a research note on Thursday, August 7th.

Get Our Latest Stock Report on DUFRY

Avolta Price Performance

The company has a quick ratio of 0.37, a current ratio of 0.69 and a debt-to-equity ratio of 1.29. The firm has a 50 day moving average price of $5.36 and a 200-day moving average price of $4.88.

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.

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