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

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

Avalon Trading Down 2.2 %

Shares of AWX stock opened at $3.11 on Friday. The firm has a fifty day moving average of $3.47 and a 200-day moving average of $3.05. The stock has a market cap of $12.13 million, a price-to-earnings ratio of 12.44 and a beta of 0.86. Avalon has a 52-week low of $2.00 and a 52-week high of $3.99. 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 Company Profile

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.