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

Research analysts at StockNews.com assumed coverage on shares of Avalon (NYSE:AWX) in a report issued on Wednesday. The brokerage set a “hold” rating on the stock.

Avalon Stock Down 1.2 %

Shares of Avalon stock opened at $3.30 on Wednesday. The firm’s 50-day moving average is $3.45 and its two-hundred day moving average is $2.94. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.97 and a quick ratio of 0.88. The stock has a market cap of $12.87 million, a price-to-earnings ratio of 13.20 and a beta of 0.83. Avalon has a 1 year low of $2.00 and a 1 year high of $3.99.

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.