Avolta (OTCMKTS:DUFRY) Stock Rating Cut to Hold at Royal Bank Of Canada

Royal Bank Of Canada lowered shares of Avolta (OTCMKTS:DUFRY – Free Report) from a moderate buy rating to a hold rating in a research note released on Monday morning,Zacks reports.

Separately, Citigroup initiated coverage on Avolta in a research note on Monday, October 19th. They issued a “buy” rating for the company. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold”.

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Avolta Price Performance

DUFRY opened at $5.80 on Monday. Avolta has a twelve month low of $4.87 and a twelve month high of $6.81. The company has a debt-to-equity ratio of 1.90, a quick ratio of 0.42 and a current ratio of 0.73. The firm’s 50-day moving average price is $5.32 and its 200 day moving average price is $5.90.

Avolta Company Profile

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Avolta AG, formerly known as Dufry AG, is a global travel-retail operator serving passengers at airports, cruise ports, border crossings, railway stations and other travel locations. The company operates both duty-free and duty-paid stores, as well as food and beverage outlets and other hospitality concepts.

Its retail offering includes fragrances and cosmetics, wines and spirits, tobacco products, confectionery, fashion and accessories, electronics, souvenirs and locally sourced merchandise.

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