Avolta (OTCMKTS:DFRYF) Trading 7.7% Higher – Still a Buy?

Avolta AG (OTCMKTS:DFRYF) shares traded up 7.7% during mid-day trading on Friday . The company traded as high as $56.00 and last traded at $56.00. 225 shares traded hands during mid-day trading, a decline of 23% from the average session volume of 293 shares. The stock had previously closed at $52.00.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the stock. Deutsche Bank Aktiengesellschaft lowered shares of Avolta to a “hold” rating in a research report on Friday, May 16th. Jefferies Financial Group assumed coverage on shares of Avolta in a research report on Tuesday, July 8th. They issued a “hold” rating for the company.

Avolta Trading Up 7.7%

The stock’s 50-day moving average is $54.55 and its 200 day moving average is $49.01.

Avolta Company Profile

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.