Avalon (NYSE:AWX) Coverage Initiated at StockNews.com

StockNews.com assumed coverage on shares of Avalon (NYSE:AWX) in a report issued on Friday. The brokerage set a “hold” rating on the stock.

Avalon Stock Performance

Shares of AWX opened at $2.44 on Friday. Avalon has a 12-month low of $1.76 and a 12-month high of $2.69. The company has a current ratio of 0.86, a quick ratio of 0.78 and a debt-to-equity ratio of 0.91. The company has a market cap of $9.51 million, a PE ratio of -9.04 and a beta of 0.81. The stock has a 50-day moving average price of $2.36 and a 200-day moving average price of $2.30.

Avalon (NYSE:AWX) last announced its earnings results on Thursday, August 8th. The company reported $0.24 earnings per share (EPS) for the quarter. The business had revenue of $23.06 million during the quarter. Avalon had a net margin of 0.03% and a return on equity of 0.08%.

Avalon Company Profile

Avalon Holdings Corporation provides waste management services to industrial, commercial, municipal, and governmental customers in the United States. It operates in Waste Management Services, and Golf and Related Operations segments. The Waste Management Services segment offers hazardous and nonhazardous waste disposal brokerage and management services; captive landfill management services; and turnkey services, including daily operations, facilities management, and management reporting.