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

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

Avalon Stock Performance

Shares of Avalon stock opened at $2.69 on Tuesday. The firm has a fifty day moving average of $2.52 and a two-hundred day moving average of $2.33. The stock has a market capitalization of $10.49 million, a price-to-earnings ratio of -9.96 and a beta of 0.81. Avalon has a 52 week low of $1.90 and a 52 week high of $2.73. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.78 and a current ratio of 0.86.

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

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.