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

Analysts at StockNews.com began coverage on shares of Avalon (NYSE:AWX) in a report released on Sunday. The firm set a “hold” rating on the stock.

Avalon Stock Performance

NYSE:AWX opened at $3.53 on Friday. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.88 and a current ratio of 0.97. Avalon has a fifty-two week low of $2.00 and a fifty-two week high of $3.99. The company has a 50 day simple moving average of $3.38 and a two-hundred day simple moving average of $2.79. The company has a market capitalization of $13.75 million, a PE ratio of 14.10 and a beta of 0.84.

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.