StockNews.com Begins Coverage on Avalon (NYSE:AWX)

Investment analysts at StockNews.com initiated coverage on shares of Avalon (NYSE:AWX) in a research note issued to investors on Saturday. The firm set a “hold” rating on the stock.

Avalon Trading Down 0.8 %

Shares of AWX opened at $3.73 on Friday. Avalon has a 12-month low of $2.00 and a 12-month high of $3.99. The company has a quick ratio of 0.88, a current ratio of 0.97 and a debt-to-equity ratio of 0.87. The firm has a market capitalization of $14.54 million, a price-to-earnings ratio of 14.92 and a beta of 0.84. The stock’s 50-day moving average price is $3.26 and its 200 day moving average price is $2.72.

About Avalon

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.