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

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

Avalon Price Performance

NYSE AWX opened at $2.11 on Tuesday. Avalon has a 52 week low of $1.76 and a 52 week high of $2.66. The company has a current ratio of 0.80, a quick ratio of 0.71 and a debt-to-equity ratio of 0.94. The stock has a market cap of $8.23 million, a price-to-earnings ratio of -7.81 and a beta of 0.84. The company has a 50-day moving average price of $2.25 and a two-hundred day moving average price of $2.27.

Avalon (NYSE:AWX) last posted its quarterly earnings data on Wednesday, May 8th. The company reported ($0.25) earnings per share (EPS) for the quarter. The company had revenue of $18.86 million during the quarter. Avalon had a negative net margin of 1.33% and a negative return on equity of 2.99%.

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.