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

Stock analysts at StockNews.com began coverage on shares of Avalon (NYSE:AWX) in a research report issued to clients and investors on Thursday. The brokerage set a “hold” rating on the stock.

Avalon Trading Down 1.0 %

Shares of AWX opened at $2.62 on Thursday. Avalon has a 52-week low of $1.90 and a 52-week high of $2.75. The business’s fifty day moving average is $2.58 and its 200-day moving average is $2.37. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.78 and a current ratio of 0.86. The firm has a market cap of $10.22 million, a price-to-earnings ratio of -9.70 and a beta of 0.81.

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

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.