Avalon (NYSE:AWX) Receives New Coverage from Analysts at StockNews.com

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

Avalon Price Performance

NYSE AWX opened at $2.13 on Wednesday. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.71 and a current ratio of 0.80. The stock has a 50-day moving average of $2.24 and a 200 day moving average of $2.27. Avalon has a one year low of $1.76 and a one year high of $2.66. The company has a market capitalization of $8.31 million, a price-to-earnings ratio of -7.89 and a beta of 0.82.

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

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.