Avolta (OTCMKTS:DUFRY) Downgraded by Royal Bank Of Canada to “Hold”

Avolta (OTCMKTS:DUFRY) was downgraded by Royal Bank Of Canada from a “moderate buy” rating to a “hold” rating in a research report issued on Monday, Zacks reports.

Separately, Citigroup began coverage on Avolta in a research report on Monday, October 19th. They set a “buy” rating on the stock. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Avolta Stock Up 2.7%

Shares of OTCMKTS DUFRY opened at $5.80 on Monday. The stock has a fifty day simple moving average of $5.32 and a two-hundred day simple moving average of $5.90. Avolta has a 1-year low of $4.87 and a 1-year high of $6.81. The company has a debt-to-equity ratio of 1.90, a current ratio of 0.73 and a quick ratio of 0.42.

Avolta Company Profile

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.